World Bank Seeks to Restart Cat Bond Issuance to Boost Emerging Nations’ Resilience
The World Bank is looking to restart the issuance of catastrophe bonds to help developing countries improve their preparedness for losses from natural disasters.
Connect Underwriting Ltd., a London-based specialist reinsurance managing general agent, announced the availability of new capacity via Pixel Re, a new dedicated, ...
MGA Pixel Re Launched for Global Property, Energy Risks of $500M and Above
Liberty Mutual Explores $1 Billion Sale of Europe Businesses
Liberty Mutual Holding Co. is exploring the sale of its businesses in Spain, Portugal and Ireland, according to people familiar with the matter, joining other American ...
Zurich Insurance Plc Plans to Redomicile From Ireland to Germany in Post-Brexit Move
Zurich Insurance Plc (ZIP), the Dublin-based, wholly owned subsidiary of Zurich Insurance Group, plans to relocate to Germany as a result of the UK's exit from the ...
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 ...
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 ...