Reinsurance
‘Attribution Science’ May Help Plaintiffs Push Climate Suits Ahead
Although a U.S. Supreme Court decision put an end to climate lawsuits alleging violations of the federal common law of public nuisance, a second round of state actions may get further, researchers ...
Social Inflation or Science: What Is Fueling Climate Litigation?
A rising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions prompted a question from the leader of a liability risk analytics company recently: "Is it about ...
Investors Team Up in Call for Governments to Toughen Climate Accounting
Investors managing more than $2.5 trillion have called on governments to compel companies and auditors to file financial accounts aligned with the world's net zero emissions target, a letter seen by ...
Pricing Trends Are Helping Reinsurers Counter Major Claims Uncertainties
A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting these negative headwinds, creating a stable outlook for ...
Lloyd’s Aims to Make Ethnic Minorities a Third of Market’s New Hires
Lloyd's of London wants the commercial insurance market to recruit a third of its workforce from ethnic minorities, it said on Friday, as it attempts to improve diversity. Nearly 50,000 staff are ...
Cyber Reinsurance MGA Envelop Risk Attracts $130M Infusion to Fuel Global Growth Plans
Envelop Risk, the UK-based cyber insurance/ reinsurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2. The financing will help Envelop Risk ...
Writing Cyber Is Key To Survival, Munich Re Exec Says
Trumpeting a message that he conceded might be different from peers, Stefan Golling, a member of Munich Re Board of Management, said that Munich Re remains bullish on the cyber insurance and ...
Banks Believe London Will Remain a Global Financial Center: Survey
London will remain a leading global financial center despite uncertainty over regulation due to Brexit, Lloyds Bank's annual sentiment survey of financial firms showed on Monday. Britain fully left ...