Rare Long Island Tornado Hits NYC Storm, Triggers Insurance Losses
Rare Long Island tornado during NYC storm triggers property damage, insurance claims, and power outage risks for insurers and utilities.
Rare Long Island tornado during NYC storm triggers property damage, insurance claims, and power outage risks for insurers and utilities.
Ocean heat waves are expected to fuel a more destructive storm season across Europe, raising insurance claims, disrupting supply chains, and clouding…
HashKey integrates Hong Kong's first regulated HKD stablecoin for insurance and trade deals, capturing part of the $49B Hong Kong-UAE corridor and…
Sammons bonds sink as Guggenheim ties unnerve investors in the $135 billion life insurer, driving a repricing of insurance credit risk.
Old Mutual shares resumed trading on the Zimbabwe Stock Exchange after six years, restoring investor access to Africa's top insurer and reviving…
Swiss Re's chronic heat risk warning for Europe underscores growing climate perils facing the insurance sector.
Japan's Meiji Yasuda flags rising policy surrender risk as higher JGB yields threaten insurer balance sheets and spark customer fund shifts.
Prudential Financial’s Q2 earnings beat forecasts as asset management revenue surged 18%, reflecting strong growth in fee-based income and higher assets under…
Catastrophic European wildfires exert toll on euro and insurance sectors, fuelling safe-haven demand for gold and Treasuries amid multi-billion damage estimates.
French and Spanish wildfires cause billions in economic damages, pressuring European stocks and the euro while boosting gold as a safe haven…
A wave of destructive European wildfires forces insurers like Allianz to actively re-evaluate catastrophe risk, raising coverage costs and reshaping the insurance…
Europe’s heat wave risks are magnified as a wildfire near Paris points to growing threats to energy supplies and crop yields, triggering…