A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at financial firms more sensitive to risk. The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and Federal …
Climate change does not pose such “significantly unique or material” financial stability risks that the Federal Reserve should treat it separately in its supervision of the financial system, Fed Governor Christopher Waller said on Thursday in a detailed rebuttal of …
Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp increase in global temperatures, Bank of England Governor Mark Carney said in an interview broadcast on Monday. Carney, due to …
The male-dominated finance industry is missing out on more than $700 billion a year in revenue by failing to listen to or tailor products for women, according to management consultancy Oliver Wyman. “Women are arguably the single largest under-served group …
Hiscox has launched a new suite of professional and management liability coverages for financial services firms across the U.S. The new platform, Hiscox FS, is an expansion of Hiscox’s current offering to financial services firms. Hiscox FS provides financial services …
It will take 30 years at the current pace of change for women to attain just 30 percent of the seats on executive committees in the financial services industry globally, an Oliver Wyman report said on Monday. Globally women account …
Insurance Noodle has launched an integrated facility for small financial firms across the United States, bringing together several markets via a single online access point. The Insurance Noodle proprietary technology platform simultaneously markets an account to all carriers and returns …
The Geneva Association, the international insurance think tank, issued a bulletin following the publication of both the Financial Stability Board’s (FSB) list of global systemically important insurers (G-SIIs) and the International Association of Insurance Supervisors’ (IAIS) publication of policy measures …
