Markets
With Volumes Soaring, Zurich Doubles Its Green Bond Commitment
Zurich Insurance Group AG said it is boosting its investment in green bonds to up to $2 billion, with plans to spread the initiative through three different European currencies. Switzerland's largest ...
Insurers Struggling With Cyber Risk Market; Staffing an Issue
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market, but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. ...
70% of Critical Infrastructure Providers Have Been Breached: Survey
According to new research from Unisys Corporation, nearly 70 percent of companies responsible for critical infrastructure have reported at least one security breach in the past 12 months. The survey ...
Ridesharing Lyft Blocked by NYC Restraining Order; Insurance Law Defiance Cited
New York officials say they've obtained a temporary restraining order against Lyft, the on-demand ride-sharing app, from operating in New York City. The attorney general's office and the Department ...
Infrastructure Investments Lack Political Support: Allianz
Allianz SE said a lack of political support prevents investors from contributing more money to infrastructure projects such as roads or power and gas grids. "Politicians are still convinced ...
No El Niño Yet But Chances Remain High: U.S. Climate Center
A weather-changing El Niño has yet to develop in the Pacific Ocean, according to government forecasters are who maintaining a "watch" initiated in March. The chances that the warming of the ...
Low 1st Half Cat Impact: Top Asia, U.S. Losses Have Climate Link: Munich Re
Insured losses in the first half of 2014 were $17 billion, considerably below the $25 billion average over the past 10 years, according to Munich Re's 2014 Half-Year Natural Catastrophe Review. ...
Buffett to Lawmakers: Do What You’re Getting Paid for on Immigration Reform
In an Op-Ed piece published in the New York Times on Friday, Berkshire Hathaway's Chair Warren Buffett joined two other billionaire executives in sending a message to Congress about the immigration ...