Allianz, European Investment Bank Back €500M Public-Private Climate Fund November 8, 2021 By Simon Jessop GLASGOW – The European Investment Bank and Allianz Global Investors said on Monday they plan to raise 500 million euros...
AXA’s Investment Arm to Divest Oil and Gas Climate Laggards After Three Years November 8, 2021 By Simon Jessop and Tommy Wilkes GLASGOW – The fund arm of French insurer AXA said on Monday it would take a tougher line with oil...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change November 8, 2021 By Ross Kerber and Simon Jessop A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the...
AIG Europe’s Chief Executive Expects Slowdown in Insurance Rate Rises November 5, 2021 Insurance premium rates are likely to continue to climb in Europe, the Middle East and Africa in 2022, but probably...
People Moves: Markel CATCO’s Moore and Aon’s Boon Join Lockton Re; Fidelis Names Lancashire’s Russell as Head of Marine November 5, 2021 Lockton Re Hires Moore, Boon for Non-Marine Retrocession, Property Specialty Lockton Re, the global reinsurance business of the largest privately...
Vietnam Negotiates With Iran for Release of Seized Oil Tanker November 5, 2021 By Hau Dinh HANOI, Vietnam (AP) – Vietnam was seeking more information Thursday about a Vietnamese oil tanker that was seized at gunpoint...
Japan’s Fukushima Farmers Fear Contaminated Water Release Will Hit Produce Prices November 5, 2021 By Sakura Murakami IWAKI, Japan – Farmers in Japan’s northeastern Fukushima fear the release of water from the crippled power plant there could...
UK Warns Facebook Executives to Keep Users Safe or Risk Criminal Charges November 5, 2021 By Nate Lanxon UK Culture Secretary Nadine Dorries warned Facebook Inc. and its chiefs are on course for criminal prosecution for failing to...
COP26 Coal Pledge Falls Short on Support From Big User Countries as Emissions Surge November 5, 2021 By Kate Abnett and Elizabeth Piper GLASGOW – A pledge to phase out coal gained the support of 23 more countries at the U.N. climate conference...
Death Toll Rises to 23 From Collapse of High-Rise Building in Nigeria November 5, 2021 By Chinedu Asadu LAGOS, Nigeria (AP) – The death toll from the collapse of a high-rise apartment building under construction in Nigeria’s most...