Markets
Property Data Company ATTOM Makes an Acquisition
ATTOM, an InsurTech property data company, has made an acquisition. ATTOM snatched up GeoData Plus, which is centered around an application for in-depth property research, valuation and prospecting ...
Global Financial Regulators Seek Coordinated Efforts to Prepare for Climate Change Risks
The world's top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the ...
Wildfire Risks Worsen With Record High Temperatures Hitting Nordic Region and Arctic Circle
Record-high temperatures from Canada to Scandinavia and intense wildfires flaring up from California to Russia's Far East are adding to extreme weather events recorded at the start of the summer in ...
The Insurance Industry’s Diversity Quest: One Size Does Not Fit All
In the wake of massive protests last year focused on racial equity and social justice, insurers are among the many industries confronting the need to incorporate more diversity into their hiring and ...
Executives On The Move at AXA XL and The Hartford
AXA XL appointed a new chief underwriting officer for its casualty business in the Asa-Pacific region and Europe. The Hartford named a new head of the Southeast Division for the its Middle and Large ...
Arch Capital Closes $700M Acquisition of Watford Holdings
Bermuda-based Arch Capital Group Ltd., along with investment partners Kelso & Company and Warburg Pincus, announced the completion of its previously disclosed acquisition of Watford Holdings Ltd. ...
Finance Envisioned to Help EU Achieve Climate Neutral Continent
Europe plans to funnel hundreds of billions of euros into sustainable investments each year through EU banks and markets to create the first "climate-neutral continent" by 2050. The European Union's ...
Ransomware Attack on U.S. IT Firm Slammed Up to 1,500 Businesses
Between 800 and 1,500 businesses around the world have been affected by a ransomware attack centered on U.S. information technology firm Kaseya, its chief executive said on Monday. Fred Voccola, the ...