UK CFOs Expect High Inflation to Cut Profit Margins: Deloitte Survey April 19, 2022 By David Milliken More than seven out of 10 chief financial officers (CFOs) at Britain’s biggest companies expect high inflation to reduce their...
Oil Firms, Including ExxonMobil, Obtain Injunctions to Stop UK Climate Protests April 19, 2022 Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which...
Update: Greece Seizes Russian Crude Oil Tanker as Part of EU Sanctions April 19, 2022 By Eric Martin Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part...
Everest Re Announces Death of Chief Risk Officer Mango April 19, 2022 Everest Re Group Ltd. announced the passing of Don Mango, the company’s chief risk officer and chief actuary. Ari Moskowitz,...
UK’s Flood Re Launches Scheme to Help Homowners Raise Resilience Against Floods April 18, 2022 Flood Re, the joint initiative between the UK insurance industry and the UK government to promote the availability and affordability...
UK Homebuilders Commit More Than £2B to Fix Fire Safety Issues April 18, 2022 By Jack Sidders Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results April 18, 2022 Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential...
Crypto Firms Being Targeted by North Korea Hackers, Warns DeFiance Capital Founder April 18, 2022 By Joanna Ossinger All prominent cryptocurrency organizations are probably being targeted by North Korean hackers and should strengthen their cybersecurity, according to the...
EU’s Tweak to Sanctions Allows Some Aircraft Lessors to Sell Stranded Jets to Russia April 15, 2022 By Siddharth Philip and Alberto Nardelli An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held...