Insurance Risk Transfer Platform Vesttoo Valued at $1 Billion After Latest Funding Round October 26, 2022 By Manya Saini Vesttoo Ltd. said on Tuesday its valuation has more than tripled to $1 billion after the insurance risk transfer platform...
Earth Is on Track to Warm Above 2C, Even With Climate Action: UN Report October 26, 2022 By Laura Millan Government plans to cut greenhouse gas emissions aren’t enough to avoid catastrophic global warming, with the planet on track to...
Ex-Barclays Banker Hikes Claim for Damages Over Sexism, Working Hours to $4.6M October 26, 2022 By Kirstin Ridley A former Barclays banker has raised a claim for damages against the bank over sexism and a failure to adjust...
Update: Ping An Profit Falls 6.3% on Market Turmoil, Weaker Sales October 26, 2022 Ping An Insurance (Group) Co., China’s second-largest insurer by market value, posted a 31.5% drop in third-quarter profit as a...
Moody’s Cuts Fosun International’s Credit Rating Amid Concerns Over Asset Sales October 26, 2022 By Roxanne Liu and Kane Wu Global credit rating agency Moody’s downgraded Fosun International Ltd. by one notch on Tuesday and revised its outlook to “negative”...
Britain’s Financial Services Execs Hope Sunak Can Steady the Ship After Market Chaos October 26, 2022 By Iain Withers, Lawrence White and Huw Jones After seven weeks in which Britain’s reputation for financial credibility has been rocked by political missteps, senior finance executives have...
Fierce Storms Batter Northern France, Ripping Off Roofs, Cutting Power October 25, 2022 Tornado-like storms that tore through northern France sheared off part of a church roof, felled trees and power lines and...
People Moves: HDI Global Specialty UK Promotes Wilcox in DA; Howden RE Hires 3 From Aon for New Disability, L&H Reins. Unit; IQUW Taps Volante’s Waltier for Prof. Lines October 25, 2022 This edition of International People Moves details appointments at HDI Global Specialty, Howden RE and HDI Global Specialty. A summary...
Companies Increasingly Keep Climate Pledges Secret as ‘Green Hushing’ Takes Off October 25, 2022 By Alastair Marsh Companies are increasingly trying to keep their climate pledges away from public scrutiny. The phenomenon, known as green hushing, has...
Bankrupt Mexican Airline Interjet Ordered to Pay $7M in Class Action Lawsuit October 25, 2022 Mexican airline Interjet, which was declared bankrupt by a judge in August, has been ordered to pay out 144 million...