Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
Large UK Insurers to Report Daily Cash Positions During Crises Under New Proposals December 11, 2024 Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed on...
UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall November 8, 2024 By Don Jergler Even with all the storms the Western U.S. received in the last two years, climate change is baking the region....
Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says October 11, 2024 By Kirstin Ridley Britain’s decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment...
UK Insurers Call for Rule Change to Establish Captive Insurance Regime August 19, 2024 By Katherine Griffiths Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth...
EU Should Revisit Bank and Insurer Capital Rules: French President Macron April 26, 2024 French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and...
What Would UK Labour Party’s Finance Sector Plan Mean for City of London? February 1, 2024 By Huw Jones Britain’s opposition Labour Party, tipped in the polls to win an election expected this year, set out its blueprint on...
Allianz Seeks to Buy Back Europe’s Biggest Old-School Bond January 4, 2024 By Tasos Vossos Insurance giant Allianz SE is looking to replace the biggest bond remaining under Europe’s old regulatory regime as it taps...
Bank of England to Deepen System-Wide Stress Test for Banks, Insurers November 13, 2023 By Huw Jones The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...