UK Widens Lead as Europe’s Top Draw for Financial Services Investors June 5, 2023 By Aisha S Gani For all the gloom around the impact of Brexit on the City of London, the latest survey of Europe’s top...
Rise in Fires, Ukraine-Russia Fallout Top Concerns for Shipping Industry: Allianz Report June 2, 2023 By Ezra Amacher The maritime sector experienced fewer total losses of vessels in 2022 while the number of shipping incidents remained relatively consistent,...
Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022 June 2, 2023 A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from...
Reinsurers Maintain Their ‘Heightened Risk Aversion’ During June 1 Renewals: Report June 2, 2023 Reinsurance rates continued to harden during the June 1 renewals, with risk-adjusted property-catastrophe pricing up 33% on average, according to...
Cyber Attack Could Threaten Canada’s Overall Financial Stability: Central Bank May 23, 2023 The Bank of Canada on Thursday [May 18] said it was worried that a major cyber attack on one part...
World’s ‘Carbon Majors’ Face Biggest Share Price Hit From Climate Litigation: Study May 23, 2023 The world’s ‘carbon majors’ in the energy, utilities and mining sectors face the biggest share price hit when climate-related lawsuits...
Update: Oil Majors Should Pay $12B to Repair Damage in Nigeria: Report May 16, 2023 By William Clowes Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s crude-rich Niger...
Insured Losses for New Zealand North Island Floods Estimated at NZ$1.8B: PERILS May 8, 2023 Insured losses for New Zealand’s North Island floods of Jan. 27 to Feb. 2 are estimated at NZ$1.75 billion ($1.1...
34% of Workplace Injuries Occur in First Year on the Job: Travelers May 5, 2023 More than a third of workplace injuries occur during employees’ first year on the job, regardless of age or industry...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 3, 2023 The year-over-year decline in D&O insurance prices for the first quarter of 2023 is greater than any prior drop over...