Tech Update: Canopius to Launch Tech and Data Hub in UK November 3, 2022 Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK....
Insuring Cannabis Summit: Industry Deserves Lower Rates and More Capacity November 3, 2022 By Don Jergler Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head...
Everest Unveils Refreshed Brand, Reflecting Commitment to ‘Underwrite Opportunity’ November 3, 2022 Everest Re Group Ltd., the Bermuda-based re/insurer, has unveiled a refreshed brand, including a new logo and visual identity reflecting...
Nord Stream 1 Operator Finds Craters at Damaged Pipeline Site November 3, 2022 The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at...
Lisa Weakens to Tropical Storm After Leaving Belize’s Largest City in Darkness November 3, 2022 By Jose Sanchez Lisa weakened into a tropical storm as it moved across Belize Wednesday, leaving much of the country’s largest city in...
Allianz Global Investors Aims to Raise $1B for Fund Focusing on Climate Resilience November 3, 2022 Allianz Global Investors on Wednesday said it is looking to raise $1 billion for its third blended finance debt fund,...
China Orders Fresh Lockdown in Industrial Park Around Major Apple iPhone Plant November 3, 2022 By Brenda Goh and Yimou Lee China ordered an industrial park that houses an iPhone factory belonging to Foxconn 2317.TW to enter a seven-day lockdown on...
NSA Watchdog Concluded One Analyst’s Surveillance Project Went Too Far November 3, 2022 By Katrina Manson, William Turton and Jason Leopold An “experienced” analyst working at the National Security Agency developed a surveillance project about a decade ago that resulted in...
Allstate Q3 Net Income in the Red; Continues Efforts to ‘Restore Property-Liability Margins’ November 3, 2022 By Chad Hemenway Allstate Corp. said it recorded a third quarter net loss applicable to common shareholders of $694 million compared to net...
Update: FEMA Flood Maps are Misleading, Blocking Insurance Uptake, Report Shows November 3, 2022 By William Rabb This article was updated Nov. 6, 2022 to include more information from FEMA and Neptune Flood Insurance. Researchers at North...