KKR Weighs Entering Private Credit in Japan to Challenge Banks June 3, 2024 By Taro Fuse KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It...
Stellantis Rushes to Replace Thousands of Faulty Takata Airbags June 3, 2024 By Albertina Torsoli Stellantis NV is rushing to fix around 500,000 cars from its Citroën and DS brands after urging clients to stop...
Banks, Asset Managers Warned of ‘Huge’ Fallout From UK’s New Greenwashing Law May 31, 2024 By Greg Ritchie and Frances Schwartzkopff Banks and asset managers in the UK woke up to a new reality on Friday, as the country enforces some...
People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole May 31, 2024 This edition of International People Moves details appointments at Howden Re and climate consultancy South Pole. A summary of these...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks May 31, 2024 By Ari Rabinovitch Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as...
Cleaner Shipping Fuel Is Contributing to Ocean Warming: Report May 31, 2024 By David Stanway Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulfur dioxide (SO2) pollution, but may also...
Miller to Acquire Spanish Specialty Re/Insurance Broker Bruzon May 30, 2024 Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros...
Everest Launches Mexico Operations, Expanding Its Global Insurance Network May 30, 2024 Everest, the Bermuda-based specialty re/insurer, announced it has received regulatory approval to begin operating in Mexico. Trading as Compañía de...
Irish Court Case on Russia Jet Insurance Claims to Begin on June 11 May 30, 2024 Ireland’s High Court is to begin hearing a dispute around insurance claims for aircraft stuck in Russia on June 11,...