Insurance

Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that Canopius is developing the best possible solutions within …

Improved and more sophisticated risk management in the cannabis industry warrant reduced insurance costs and more capacity, says the head of risk management at one of the cannabis industry’s best-know publicly traded companies. Karl Long is senior director of risk …

Everest Re Group Ltd., the Bermuda-based re/insurer, has unveiled a refreshed brand, including a new logo and visual identity reflecting its positioning and commitment to “underwrite opportunity” for colleagues, customers, shareholders, and communities worldwide. “There has never been a more …

The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage on line 1 in the Swedish exclusive economic zone and found “technogenic craters.” “According to …

Lisa weakened into a tropical storm as it moved across Belize Wednesday, leaving much of the country’s largest city in the dark, although there were no reports of deaths or major damage so far in the Caribbean nation famed for …

Allianz Global Investors on Wednesday said it is looking to raise $1 billion for its third blended finance debt fund, a mix of concessional and institutional capital seen as a crucial route to scaling up private investment in emerging economies. …

China ordered an industrial park that houses an iPhone factory belonging to Foxconn 2317.TW to enter a seven-day lockdown on Wednesday, in a move set to intensify pressure on the Apple supplier as it scrambles to quell worker discontent at …

An “experienced” analyst working at the National Security Agency developed a surveillance project about a decade ago that resulted in the unauthorized targeting and collection of private communications of people or organizations in the US, newly unearthed documents show. An …

Allstate Corp. said it recorded a third quarter net loss applicable to common shareholders of $694 million compared to net income of $508 million a year ago during the same time. Allstate’s Q3 combined ratio was an unprofitable 111.6 – …

Researchers at North Carolina State University have added their voices to the growing number of people who say that federal flood maps are inadequate and misleading, causing thousands of homeowners to avoid needed flood insurance. “In fact, only about 4% …