Banks Face Risk of Being Sued if They Don’t Stick to Their Climate Goals: ECB September 23, 2022 Banks face the risk of being sued if they don’t stick to their climate goals or try “greenwashing” their image,...
Cities of Paris and New York Join Climate Litigation Against TotalEnergies September 23, 2022 The cities of Paris and New York have joined a coalition of associations and local authorities that are suing oil...
Update: Hurricane Fiona Roars Toward Atlantic Canada as New Storm Threatens Florida September 23, 2022 By Brian K. Sullivan After lashing Bermuda, Hurricane Fiona is racing north toward Eastern Canada, threatening to become the most powerful storm ever to...
People Moves: Strategic Risk Solutions Taps Marsh’s Meindersma to Lead Canada Expansion; Markel Int’l Promotes 3 in Wholesale Claims Leadership Team September 22, 2022 This edition of International People Moves details appointments at Strategic Risk Solutions and Markel International. A summary of these new...
Britain Lifts Ban on Gas Fracking in England in Push for Energy Independence September 22, 2022 By Paul Sandle, Muvija M and Susanna Twidale Britain on Thursday formally lifted a moratorium on fracking for shale gas in England that has been in place since...
Dale Partners Ltd. Gets Regulatory Nod to Launch Lloyd’s Managing Agency September 22, 2022 Dale Partners Ltd. (DPL) announced it has received approval from the UK Prudential Regulation Authority (PRA), the Financial Conduct Authority...
Barbados Issues 1st Pandemic-Protected Bond, Which Also Covers Natural Disasters September 22, 2022 By Marc Jones Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of...
Markets/Coverages: BHSI Launches Multiple New Policies in Spain September 22, 2022 Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of new property damage, general liability, D&O, professional indemnity and marine cargo...
Hong Kong Insurer AIA in Talks to Buy Philippine’s MediCard: Sources September 22, 2022 By Manuel Baigorri and Elffie Chew AIA Group Ltd. is in advanced talks to acquire MediCard Philippines Inc., people familiar with the matter said, as the...
Fortegra Receives UK Branch Authorization September 22, 2022 The Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced that its European insurer, Fortegra Europe...