Insurance

The Confederation of British Industry said on Monday that its director-general, Tony Danker, had stepped aside while the employer body conducted a review into his behavior. The CBI said it had already conducted an internal investigation into Danker’s workplace behavior …

Verlingue Ltd., the UK chartered insurance broker, has established a dedicated media practice under plans to expand its presence in the fast-growing independent media sector. The team, headed up by Maia Olesen, client director, will focus on independent advertising agencies …

Extreme weather caused by climate change could cost Germany up to 900 billion euros [$957.2 billion] in cumulative economic damage by mid-century, a study showed on Monday, as Europe’s biggest economy seeks climate adaptation measures to cut the damages bill. …

Ukraine has started online talks with partners on extending the Black Sea Grain Initiative aimed at ensuring Kyiv can keep shipping grain to global markets, a senior Ukrainian government source said on Tuesday. The source said Ukraine had not held …

SPRINGFIELD, Ohio (AP) – About 20 cars of a Norfolk Southern cargo train derailed near Springfield Saturday evening, the second derailment of the company’s trains in Ohio in a month, officials said. But unlike the Feb. 3 derailment in East …

China will set up a national financial regulatory administration, according to a plan announced on Tuesday, in the biggest overhaul of the country’s financial supervisory apparatus in years. The China Banking and Insurance Regulatory Commission (CBIRC), the country’s banking and …

The governor of the Bank of England has told lawmakers that the UK government’s plans to reform insurance capital rules increases the annual risk of a failure in the life insurance sector by around 20%. The likelihood of a failure …

A long road lies ahead to repair confidence in crypto after unprecedented bankruptcies and hacks, including the major challenge of giving investors a way of insuring against such events. Stock brokerage accounts often come with some cover against outcomes like …

Massive and massively expensive, it’s been touted as the “crown jewel” of Everglades restoration, the key to unlocking every other project that will come after it. The $4 billion Everglades Agricultural Area reservoir – about half the size of the …

Global supply chains have “returned to normal,” the Federal Reserve Bank of New York said on Monday, with pressures dropping to the lowest since before the COVID-19 pandemic threw a wrench into procurement networks worldwide and created shortages for everything …