Keep up to date with the latest actuarial and insurance news in our weekly round-up…
BlackRock CEO Larry Fink’s 2020 letter has focused on climate change and outlined plans for the world’s largest asset manager to reduce investments in those companies that damage the environment.
Just under half of the US and UK firms expect their country to go into recession this year, although Chinese companies predict solid growth, a global survey of senior executives has uncovered.
Two of Australia’s biggest insurers, Suncorp and IAG, have temporarily stopped selling insurance policies across large swathes of Victoria and some areas in New South Wales affected by bushfires.
More than one in three small-to-medium-sized businesses (SMEs) (34%) plan to increase their stockpiling this year ahead of Brexit, with consequently more than a third increasing their insurance penetration.
The ongoing Australia bushfires have burned across an extremely large area, but their reinsurance impact will likely not be as significant as some previous fires, according to global brokerage Aon.