UK Financial Watchdog Says Some Funds Mislead Investors With ESG Label October 19, 2023 Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to...
Aviation War Insurers Cancel Cover for Airlines Domiciled in Israel, Lebanon: Sources October 19, 2023 By Carolyn Cohn, Noor Zainab Hussain and Steven Scheer Aviation war insurers have given notice to cancel cover for some airlines domiciled in Israel and Lebanon because of the...
‘Urgent Need’ to Understand Single Points of Failure in Digital Supply Chains: Report October 19, 2023 By L.S. Howard The rise of cyber risk accumulation events has highlighted the need for cyber insurers and reinsurers to understand single points...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture October 19, 2023 By Brian Kahn Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they...
Derisking Dilemma: How German Companies Are Tackling China Risk October 19, 2023 By Christoph Steitz and Sarah Marsh Thomas Nuernberger is preparing for tougher times. For the past seven years, the 55-year-old has run the Chinese unit of...
People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe October 18, 2023 This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets. A summary of...
Net-Zero Investor Group Reports Financing Activities Lead to Emissions Decline October 18, 2023 By Alastair Marsh A $9.5 trillion investor group that includes Allianz SE, Legal & General Plc and the California Public Employees’ Retirement System...
Markets/Coverages: Digital Lloyd’s Syndicate Ki Partners With Travelers and Aspen to Expand Follow Capacity October 18, 2023 Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced that Travelers and Aspen will offer additional follow capacity...
Ukraine’s Risky Bet on Black Sea Shipping Corridor Pays Off as Ships Stream Into Ports October 18, 2023 By Áine Quinn and Kateryna Chursina A steady stream of ships is hauling grain and metals from Ukraine a month after the first inbound vessel sailed...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s October 18, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...