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BlackRock to focus on ESG and climate change in 2020

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.

Almost half of US and UK firms expect recession in 2020

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.

Suncorp and IAG temporarily stop selling insurance in fire-affected areas of Victoria and NSW

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 third of SMEs increase insurance for Brexit – Premium Credit

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.

Aon reveals impact of the Australian fires on reinsurance

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.

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