How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters

[ad_1] As disasters like the wildfires that devastated the Hawaiian town of Lahaina and the storms that tore apart roofs from Alabama to Massachusetts last week intensify, insurance companies have…

Cost of insuring against US default climbs on debt ceiling fears

[ad_1] The price of insuring against a US government default rose to a fresh high this week as traders began pricing in their concerns that the world’s biggest economy might…

Insurer priorities set to shift from insuring assets to protecting the entire mobility journey

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Debt ceiling jitters drive up cost of insuring against US default

[ad_1] The cost of buying insurance against a US government default has shot to its highest level in more than a decade, in an early sign of market concerns about…

Stop insuring carbon projects ‘immediately’, NGOs tell CEOs

[ad_1] A group of climate activists has called on 30 insurance company CEOs to “immediately” stop underwriting new fossil fuel projects in the wake of a stark climate warning from…

Deutsche Bank shares slide 13% after sudden spike in the cost of insuring against its default

[ad_1] The German lender’s shares retreated for a third consecutive day and have now lost more than a fifth of their value so far this month. The emergency rescue of…