Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2%
Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company's ownership in Huatai ...
International
Counting the Rising Cost of Climate Change: The Most Costly Natural Disasters
Climate change has raised the cost of natural disasters, as rising sea levels and drought increase the frequency and severity of flooding and wildfires, insurers and risk ...
European Countries Face Strikes, Protests Due to High Energy Prices, Cost of Living
European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some recent and current industrial actions and ...
Inflation, Debt Crisis, Cost of Living Pose Top Business Risks in G20 Nations: Survey
Runaway inflation, an unfolding debt crisis and cost-of-living problems pose the biggest threats to doing business for G20 countries in the next two years, data from the ...
Cyber Officials From 37 Countries, 13 Firms to Meet in Washington on Ransomware
The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cyber crime, ...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks
Climate change remains at the top of insurance companies' biggest concerns even as Russia's invasion of Ukraine stokes geopolitical and energy-related fears within the ...
Everest Insurance Launches Branches in France and Germany
Everest Insurance, the insurance division of Everest Re Group Ltd., announced its further expansion into the European market with the opening of two new branches in ...
Update: Amazon Launches Home Insurance Comparison Website for UK Customers
Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes further into financial services across the ...
AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities
Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing of local indigenous communities, in a move ...
Four in Five of World’s Cities at Risk From Heat Waves, Floods, Droughts: Study
Four in five cities across the world are facing significant climate hazards such as heat waves, floods and droughts, data from environmental disclosure non-profit CDP ...