German Watchdog Raises Focus on Physical Risks Stemming From Climate Change January 28, 2025 By Nicholas Comfort German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because...
Generali Global Corporate & Commercial Enters Launches Business Unit in India January 27, 2025 Generali Group has launched a new business unit – Global Corporate & Commercial (GC&C) India – within its joint-venture company...
South Korea’s Preliminary Jeju Air Crash Report Focuses on Bird Strike January 27, 2025 By Danny Lee South Korea released a preliminary report into last month’s deadly Jeju Air Co. crash that offers more detail on the...
Climate Change Makes Fierce Winter Storms Like Éowyn Even Stronger January 27, 2025 By Joe Wertz, Olivia Rudgard and Emily Biuso Winter Storm Éowyn pummeled Ireland and the UK with hurricane-force winds on Friday, creating blackouts for hundreds of thousands and...
Sweden Seizes Ship Suspected of Sabotage in Baltic Sea January 27, 2025 By Charles Daly Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in...
Update: Auditors Get Tougher Guidelines on Judging Firms’ Environmental Claims January 27, 2025 By Simon Jessop and Virginia Furness International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims –...
Specialist Risk Group Acquires Ecclesia Group’s Assets in Netherlands and Belgium January 24, 2025 Specialist Risk Group (SRG), the London-based insurance intermediary, announced it will acquire the assets of Ecclesia Group in The Netherlands...
Digital Lloyd’s Syndicate Ki Becomes Separate Company Within Fairfax Group January 24, 2025 Ki, the Lloyd’s digital follow platform, announced it completed the separation from its parent company, Fairfax Group, becoming a standalone...
LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch January 24, 2025 By L.S. Howard The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s...
French Families Sue TikTok Over Teen Suicides They Say Are Linked to Harmful Content January 24, 2025 By Tom Nouvian In the moment when her world shattered three years ago, Stephanie Mistre found her 15-year-old daughter, Marie, lifeless in the...