Rapidly Melting Glaciers on Highest Mountains Threaten Quarter of Humanity
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 ...
International
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, ...
Anti-ESG Rhetoric in U.S. Prompts Urgent Talks as Insurers Quit Climate Coalition
The world's biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the U.S. is ...
El Niño’s Impact: Trillions in Global Economic Loss
When El Niño strikes, the band of warm ocean water spanning from South America to Asia triggers global weather changes, resulting in damaging floods, crop-killing droughts, plummeting fish ...
Earth to Hit Key Warming Threshold Within 5 Years
There's a two-out-of-three chance that the world will temporarily hit a key warming limit within the next five years, the United Nations weather agency said Wednesday. But it likely would only be a ...
Client, Reinsurer Expectations Were Better Aligned at April Renewals: Swiss Re
While the January reinsurance renewals proved to be the toughest and most grueling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much ...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?
The rollout of the Lloyd's cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31 effective ...