International
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region
Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world, a predicament made more worrisome as ...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re
Natural disasters during the first half of 2023 cost insurers an estimated $43 billion with an overall economic price tag of $110 billion, according to Munich Re.
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home ... Rapidly melting glaciers in Asia's Hindu Kush Himalayan region — home to the world's highest mountains — are threatening the lives and livelihoods of as many as two ...
Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home
Aon: Global Disasters Push Economic Losses to a 21st Century High at $194B
A new report estimates $194 billion in economic losses due to global disasters for the first half of 2023. According to Aon's H1 2023 Global Catastrophe Recap, this is well above the 21st century ...
Rapidly Melting Glaciers on Highest Mountains Threaten Quarter of Humanity
Investors Step Up Risk Management After Last Year’s Crypto Meltdowns
Cryptocurrency investors have grown more cautious about who they do business with after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a ...
Generali Set to Buy Some Liberty Mutual’s European Ops in $2.5B Deal
Boston-based Liberty Mutual Insurance and Generali Group announced a definitive agreement for Generali to acquire some western European operations of Liberty Seguros, S.A.—Liberty Mutual's personal ...
Zurich Insurance Eyes $400M Stake in India’s Kotak General Insurance
Zurich Insurance Group is in talks to buy up to 51 percent of India's Kotak General Insurance, two sources with direct knowledge of the matter said, a deal that would mark its first major bet on the ...
Liberty Mutual Selling LatAm Businesses to Talanx for $1.5B
Liberty Mutual and Talanx Group announced that the retail international division of the Talanx agreed to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, ...