ECB to Limit Purchases of Longer-Term Debt Issued by Climate Laggards September 21, 2022 By Frances Schwartzkopff The European Central Bank will limit purchases of longer-term debt issued by companies that rank poorly under a new scoring...
Fairfax-Backed Digit Insurance’s IPO Put on Hold by Indian Watchdog September 20, 2022 Digit Insurance, a company backed by Canadian billionaire Prem Watsa’s Fairfax Group, has had a planned initial public offering (IPO)...
People Moves: Chubb Global Mkts Promotes Jackson as Product Head of Mgmt Liability; Pesci Rejoins WTW in EMEA Reserving; IQUW Taps Beazley’s Bell, Brown for Property September 20, 2022 This edition of International People Moves details appointments at Chubb Global Markets, the broker WTW and the property and specialty...
AM Best Viewpoint: The Value of MGAs in a Hardening Market September 20, 2022 By Myles Gould and Riley Parnum The heightened perception of risk stemming from cyber attacks, the climate, pandemics and even inflation are just a few of...
Coalition of Insurers, Pension Funds Commit $7.1 Trillion to Support 1.5°C Climate Goal September 20, 2022 By Alastair Marsh A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees’ Retirement System and Zurich...
Chubb in Advanced Bancassurance Talks With Hong Kong’s Hang Seng Bank: Sources September 20, 2022 By Manuel Baigorri Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender...
Mexico Struck by Powerful 7.5 Magnitude Earthquake on Fateful Anniversary September 20, 2022 By Daina Beth Solomon, Kylie Madry and Lizbeth Diaz MEXICO CITY – A magnitude 7.6 earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing...
Gallagher Re Taps Aon’s Bowen as Chief Science Officer; Aon Names Jursa CEO of Commercial Risk, Czech Republic; Gridel Joins Howden M&A to Lead Europe Biz Devel September 19, 2022 This edition of International People Moves details appointments at Gallagher Re, Aon and Howden M&A. A summary of these new...
Howden Acquires Born Consulting AG in Switzerland September 19, 2022 Howden, the London-based independent insurance broker, announced the acquisition of Swiss broker Born Consulting AG. Founded in 2003 and based...
Assets of World’s Largest Companies at Growing Risk of Climate Impact: S&P September 19, 2022 By Juliette Portala Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of...