COP27 Delivers Climate Fund Breakthrough at Expense of Progress on Emissions November 21, 2022 By Valerie Volcovici, Dominic Evans and William James Countries closed this year’s U.N. climate summit on Sunday with a hard-fought deal to create a fund to help poor...
People Moves: Liberty Specialty Mkts Names Intact’s Conran as CUO; Arch Taps WTW’s Bradley as Cyber U/W; Rokstone’s iFarm Underwriting Recruits from Marsh, Geo November 21, 2022 This edition of International People Moves details appointments at Liberty Specialty Markets, Arch Insurance International, and Rokstone’s iFarm Underwriting. A...
Lloyd’s of London Estimates Claims From Hurricane Ian of US$2.3B-US$3B November 21, 2022 Lloyd’s announced that the market’s claims from Hurricane Ian are estimated to be in the range of US$2.3 billion –...
Maersk Settles Rape Case That Raised Awareness of Struggles of Women Seafarers November 21, 2022 By Christian Wienberg A US unit of A.P. Moller-Maersk A/S said it settled a sexual assault lawsuit with a former employee, ending a...
FTX Collapse Shows Need to Regulate Crypto World: Bank of England November 21, 2022 By Marc Jones and Huw Jones The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of...
Tesla Safety Is Focus of South Korean Criminal Trial Over Fiery, Fatal Crash November 21, 2022 By Ju-min Park In an upscale Seoul neighborhood two years ago, a white Tesla Model X smashed into a parking lot wall. The...
Persistent ‘Underperformance’ at SCOR Prompts S&P Downgrade to ‘A+’ November 21, 2022 S&P Global Ratings announced that the rating agency is lowering the “AA-” financial strength and long-term issuer credit ratings for...
4 German Carmakers, Bosch Manipulated Emissions Software, Environment Group Says November 18, 2022 Germany’s top four carmakers and parts supplier Bosch knowingly broke rules when developing a type of emissions software, an environmentalist...
Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2% November 18, 2022 Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s...
Explosive Residue Found at Site of Nord Stream Leaks, Confirming Sabotage: Sweden November 18, 2022 By Anna Ringstrom and Terje Solsvik Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken...