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More than 85 percent of UK finance workers no longer view the office as their main place of work, highlighting the challenge the industry faces if it tries to persuade bankers to return to ...
Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated natural catastrophe claims and a first round of claims reserves from the ...
Climate change is hurting the insurance industry, and only 8 percent of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on ...
The world is creeping closer to the warming threshold international agreements are trying to prevent, with nearly a 50-50 chance that Earth will temporarily hit that temperature mark within the next ...
Commercial insurance market Lloyd's of London is encouraging members of its 100-odd syndicates to attend its annual general meeting next week online rather than in person, due to the threat of ...
AIG CEO Peter Zaffino during the company's most recent earnings call provided analysts with some insight regarding insurance implications from Russia's invasion of Ukraine. "We have not seen a ...
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & ...
Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the potential impact, a report by leading environmental ...
Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such as the war in Ukraine, higher-than-expected natural catastrophes and the ongoing COVID-19 ...
Sanlam Ltd., Africa's largest insurer, agreed to form a joint venture with Germany's Allianz SE that will combine their assets on the continent valued at 2 billion euros ($2.1 billion) and help the ...
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