SMBs Are Struggling to Get Cyber Insurance: Here’s How to Stay Protected June 27, 2022 By Asaf Lifshitz, Caitlin A. Smith and Pavel A. (Pasha) Sternberg For the first time ever, cyber insurance is facing a hard market. Since the product line’s inception about twenty years...
Rise of Women to Top UK Financial Services Roles ‘Stagnating’ June 27, 2022 By Huw Jones Britain’s six-year drive to increase the number of women in senior management at financial firms is “stagnating” for the first...
Gallagher Re Launches Climate Risk Resilience Practice, Led by World Bank’s Bavandi June 27, 2022 Gallagher Re, the global reinsurance broker, announced it has launched a global practice focusing on public sector and climate resilience...
People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re June 27, 2022 This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL....
Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey June 27, 2022 By Juliette Portala Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not...
Generali Investor Del Vecchio Dies at 87 June 27, 2022 By Tommaso Ebhardt Leonardo Del Vecchio, the Italian entrepreneur who started off with a tiny optics workshop in the Dolomite mountains and ended...
G-7 Eyes Cap on Price of Russian Oil via Insurance, Shipping Restrictions June 27, 2022 By Chiara Albanese, Samy Adghirni and Alberto Nardelli Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions...
Wall Street Banks Quietly Test Cyber Defenses at Treasury’s Direction June 27, 2022 By Christopher Condon and Craig Torres With global tensions rising over Ukraine, the cutthroat competitiveness of the US financial sector is yielding to partnership over the...
Legal Clashes Await U.S. Companies Covering Workers’ Abortion Costs June 27, 2022 By Daniel Wiessner A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their...
Russia Defaults on Foreign-Currency Debt for 1st Time in More Than a Century June 27, 2022 By Giulia Morpurgo and Libby Cherry Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions...