Climate scenario analysis toolkit for banks launches
Think tank 2° Investing Initiative (2DII) has launched a free, open source climate scenario analysis toolkit for banks.
Insurers gain access to impact investment strategies through Nuveen & state regulator partnership
Nuveen, the investment manager of TIAA, is collaborating with a coalition of state regulators in the US to develop strategies designed to pair capital from insurance companies and other sources for positive social and environmental impact.
Gallagher Re pegs preliminary insured loss estimate for October Spanish floods at €1.5bn – €2.5bn
Preliminary estimates from global reinsurance broker Gallagher Re have placed the potential public and private insured losses from October’s Spanish floods between €1.5 billion and €2.5 billion ($1.6 billion and $2.7 billion).
Mitsubishi Electric completes sale of insurance subsidiary to Marsh Japan
Mitsubishi Electric Corporation has announced the completion of the sale of all shares in its Tokyo-based insurance subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc.
Parametric insurance ‘ubiquitous’: Expert
Catastrophes, P/C Insurers, Property, Risk Management, Technology Swiss Re
University of Toronto sets up Fintech Boot Camp
The University of Toronto has set up a ‘Fintech Boot Camp’ with a pledge to give learners the knowledge they need to move forward in the financial technology industry.
Aviva highlights flood risks in recent UK housing developments
A recent analysis by Aviva, the UK’s largest home insurer, has unveiled concerning findings regarding the vulnerability of new homes in England to flooding.
E&S markets drawing business amid primary rate hikes, tight capacity
Excess and Surplus Lines, P/C Insurers
EBAday 2024: Challenges and benefits of CBDCs
What is the future of CBDCs in Europe and what do experts expect from stablecoin adoption? These questions were answered at EBAday 2024 in Lisbon where leaders in digital currencies examined what the future holds for digital assets.
Hippo names McCathron CEO, Wand to serve as Executive Chairman
Home insurer, Hippo has announced that it has appointed Richard McCathron as Chief Executive Officer (CEO).
Heritage falls to net loss in Q1 despite strong premium growth
Super-regional property and casualty insurance holding company, Heritage Insurance Holdings, Inc., has reported a net loss $30.8 million in Q122, compared to a loss of $5.1 million in the prior year quarter.
Artex launches transportation group captive
Agents and Brokers, Alternative Risk Transfer/Captives, Auto liability, Excess and Surplus Lines, P/C Insurers, Workers Comp Coverage Arthur J. Gallagher & Co.
Lloyd’s chairman shares outlook as market reports higher H1 profit
Financial Results, P/C Insurers, P/C Pricing Lloyd’s of London
Costero Brokers appoints Stephanie Bush to its Board
Costero Brokers, a privately held London-based insurance brokerage, has appointed Stephanie Bush to its Board of Directors, emphasising the firm’s commitment to assembling a diverse and seasoned board focused on progress.