Loan Deadline Looms for China Life Canary Wharf Tower March 20, 2024 By Jack Sidders and Lucca de Paoli China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave...
Study: Manmade Warming Increasing Drought in Western U.S. January 26, 2024 By Don Jergler Manmade warming has increased the prevalence and severity of concurrent drought and heat events, also termed hot droughts, across Western...
Pew: 7-in-10 Americans Favor Steps to Become Carbon Neutral by 2050 April 20, 2023 By Don Jergler Cannabis enthusiasts have the 4/20 holiday, but in two days some 7.9 billion people have cause to celebrate. Earth Day...
Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s September 15, 2022 By Susanne Sclafane With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...
Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis September 8, 2022 AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an...
Self-Fulfilling Rankings Boost Rating Agency Power: Researcher June 6, 2022 Agencies that rate and rank nations, corporations and colleges wield enormous power, influencing investment flows and prompting leaders to pursue...
Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s March 10, 2022 By Susanne Sclafane Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact...
Moody’s Closes on Acquisition of Risk Modeler RMS for $2 Billion September 16, 2021 Moody’s Corp. reported that it has completed its acquisition of RMS, the climate and natural disaster risk modeling and analytics...
Global Reinsurance Rates, Demand to Continue Rising in 2022 September 7, 2021 By Carolyn Cohn Global reinsurance rates are likely to continue rising next year after several years of increases, though the pace of increase...
Ratings Firm Moody’s to Acquire Catastrophe Modeler, Analytics Firm RMS for $2 Billion August 5, 2021 Moody’s Corp. has agreed to acquire RMS, a global provider of climate and natural disaster risk modeling and analytics, for...