Industry News
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 ...
EU Auditors Want Polluters to Have Insurance or Funds to Fix Environment
Taxpayers are too often being forced to pay to clean up environmental damage while the companies responsible dodge the costs, the European Court of Auditors said on Monday. The European Union's ...
Coronavirus Positive: Pandemic Led to Greater Societal Understanding of Systemic Risks
As horrible as the coronavirus pandemic has been, it has led to greater societal understanding of systemic risks, and that's a good thing, a Lloyd's of London executive asserted recently. "The ...
Judge Questions Whether $48M in Coverage for Collapsed Condo Tower Will Be Enough
Five lawsuits have been filed against the Champlain Towers South Condominium Association in Surfside, Florida as of Thursday afternoon as plaintiffs move to preserve evidence at the site of the ...
High-Fives, Hugs and Face-to-Face Networking at GIS 2021
It's not a typical experience to find joy at a work conference. At least, that was the case before COVID-19. But after 15 months of social distancing, masks, quarantines and then vaccines, the 2021 ...
Indian Fintech Startup Digit Is Raising $200M to Boost Insurance Customer Reach
Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising ...
Drones Pulled Into Play to Help Fight Wildfires in U.S. West
In a grassy meadow outside Missoula, Montana, Jennifer Fowler eyes two drones high in the sky with weather instruments -- part of a program to see how drones can help to fight and monitor wildfires. ...