Keep up to date with the latest actuarial and finance news round-up…

 

Hong Kong enters first recession in a decade

The territory has been gripped by pro-democracy protest for months, and the effect of tourists staying away has begun to show.

City firms must do more to tackle sexual harassment, says FCA executive

A top executive at the City watchdog has said there are still too many incidents of sexual harassment happening inside financial sector companies.

CFOs reveal pressure to act on climate change

Around half of chief financial officers (CFOs) in Europe are feeling pressure from their customers and employees to take action on climate change, a new survey by Deloitte has found.

Ex-charity head admits defrauding disabled workers’ pension scheme

Patrick McLarry, 71, took more than £250,000 from the pension scheme of Yately Industries for the Disabled and used it to buy homes for himself and his wife and pay off a debt over a pub lease.

Reinsurance industry CEOs frustrated at pricing environment

Insurance and reinsurance industry Chief Executive Officers (CEOs) have expressed frustration at the reinsurance pricing environment and have highlighted a reliance on primary rate increases.

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