The Association of Bermuda Insurers and Reinsurers (ABIR) has said that it is ‘strongly opposing’ a proposal from Standard & Poor’s Global Ratings to disallow senior debt as a form of available capital.
Earlier this month, Richard Peers of ResponsibleRisk – and keynote speaker at this year’s Sustainable Finance Live conference – spoke to director of nature programmes and GFI Hive at the Green Finance Institute (GFI) on nature-related financial risks for the UK.
Dr Carsten Wengel, head of global sales and distribution in the card and digital payment business at G+D, spoke to Finextra on sustainable cashless options that are emerging in the financial services sector.
Joshua Motta, Founder and CEO of Coalition, advocates for the necessity of active cyber insurance due to the shortcomings of traditional approaches, highlighted by erratic rate fluctuations and the inadequate readiness of organisations facing escalating cyber risks.
UBS has launched Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network.
Alternative Risk Transfer/Captives Arthur J. Gallagher & Co.
Electric vehicle sales plummeted in November as consumers pulled back spending in the wake of fewer EV-specific incentives. Ford Motor’s…
SG-Forge, the digital asset division of French bank Societe Generale is deploying its Euro-based stablecoin on the XRP Ledger (XRPL).
As per a new report from EY, the number of publicly disclosed M&A deals in the UK insurance industry increased from 54 in H1 2023 to 94 in H1 2024, while the overall disclosed deal value climbed from £400 million to £900 million.
HSBC has enlisted Google Cloud to build a global call centre AI chatbot that helps employees cut down on the time they spend on manually intensive queries.
Even though the London re/insurance market has recently seen a number of merger and acquisitions (M&A) deals, this may not indicate a widespread return to M&A for all London-listed specialty re/insurers, Autonomous’ analysts suggest.
