Global Economy
Australian Insurers Strong Enough to Handle Recent Bushfire Losses: A.M. Best
Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners, said AM ...
Pension Fund’s Managers Risk Firing Without Curbing Climate Change Exposure
A 30 billion-pound ($39.3 billion) U.K. pension fund has threatened to fire managers that fail to curb their exposure to climate change and position for a low-carbon economy. Brunel Pension ...
Bayer Pursues Settlement Talks as Roundup Cancer Trial Postponed
Bayer AG said on Friday it has reached an agreement with plaintiffs' lawyers to postpone a Missouri jury trial over allegations its popular weed killer Roundup causes cancer to provide room for ...
Corvus CEO Edmundson: InsurTech and Cyber Cover Offer a Potent Mix
Cyber continues to be a fast-evolving risk. But Phil Edmundson, founder and CEO of the Boston-based InsurTech-focused managing general agent, said his company's strategy takes that into account. "The ...
For Leaders, Silence Can Accomplish Plenty
Sometimes silence can go a long way toward helping leaders support their teams. A recent posting with the Random Acts of Leadership blog argues that silence can actually be a very effective strategy ...
UK Finance Sector Losing Hope of Securing Post-Brexit Basic EU Access
Britain's finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a ...
Australia’s Bushfire Risks Creating Its First Climate Refugees
Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create the nation's first climate refugees. That's the view of Michael Mann, ...
Zurich North America Is Latest Insurer to Name Sustainability Officer
Zurich North America is the latest insurer to name a sustainability officer - an executive who leads corporate initiatives to help the company contribute positively to the environment. Ben Harper ...