Climate Change Made Deadly UK Heat Wave at Least 10 Times More Likely: Study August 1, 2022 By Eric Roston The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Ukraine Makes 1st Grain Shipment Since Russia’s Invasion in Key Milestone August 1, 2022 By Ugur Yilmaz and Aliaksandr Kudrytski Ukraine made its first shipment of grain since Russia’s invasion, marking a small but crucial first step toward unlocking the...
Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best August 1, 2022 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral August 1, 2022 Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual...
New Sustainability Rules Attacked for Protecting Profits Over Planet July 29, 2022 By Frances Schwartzkopff and Lisa Pham The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests...
Howden Begins French Expansion With Acquisition of C.R.F. Conseils July 29, 2022 Howden, the London-based international insurance broker, announced it had agreed to acquire C.R.F. Conseils (CRF), an independent broker that specializes...
Barclays Hit With Race Discrimination Claims in London July 29, 2022 By Katharine Gemmell Barclays Plc was hit with three discrimination claims in London from Black bankers who accused the lender and colleagues of...
Euro Zone Growth, Inflation Accelerate but Recession Looms July 29, 2022 By Jan Strupczewski The euro zone economy grew much faster than expected in the second quarter, but economists said it might be the...
Lloyd’s of London’s Ascot, Marsh Provide Insurance for Ukraine Sea Corridor July 29, 2022 By Carolyn Cohn Lloyd’s of London insurer Ascot and broker Marsh on Friday launched marine cargo and war insurance for grain and food...