Italy’s Insurance Protection Gap Exposes State Finances to Natural Disasters June 29, 2023 By Alessandro Parodi, Alberto Chiumento and Andrea Mandala Lamberto Mongardi, a farm owner in the northern Italian town of Lugo, was hit twice when torrential rain lashed the...
Bank of England Proposes Further Reforms to Insurers’ Capital Rules to Cut Red Tape June 29, 2023 The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it said would...
‘Climate Washing’ Lawsuits Jump as More Activists Challenge Corporate Claims: Report June 29, 2023 By Tommy Wilkes “Climate washing” litigation has risen sharply in the last two years as environmental groups and governments grow frustrated with corporate...
Businesses Criticize New EU Data Rules, Saying They Could Hinder Data Flow June 28, 2023 By Foo Yun Chee Businesses and Big Tech on Wednesday criticized European Union data rules agreed between EU countries and lawmakers, saying they could...
FERMA Appoints Hedemark as President, Succeeding Wegener June 28, 2023 The Federation of European Risk Management Associations (FERMA) has appointed Charlotte Hedemark as the next president of FERMA. Her election...
Russia’s Arctic Shipping Dream Stumbles on Small Aging Fleet June 28, 2023 By Bloomberg News Russia will struggle to meet its strategic goal of more than quadrupling Arctic sea shipments by the end of the...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Global Initiative Launched to Rate Corporate Carbon Offset Claims June 28, 2023 By Susanna Twidale A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was...
TotalEnergies Faces Second Lawsuit Over Oil Projects in Uganda and Tanzania June 28, 2023 By America Hernandez Five activist groups have sued French oil major TotalEnergies for a second time over its projects in Uganda and Tanzania...
Anti-ESG Movement in U.S. Feeds Anxiety Among UK Investors June 28, 2023 By Frances Schwartzkopff Investors in the UK are starting to worry that the anti-ESG movement may spread from the US and get a...