Risk professionals’ salaries have increased an average of 11% since 2023, with chief risk officers/vice presidents of risk management seeing increases of 16%. The increases and other trends in risk management compensation are detailed in […]
The UK warned some patients have died of severe inflammation of the pancreas linked to obesity and diabetes drugs such as Eli Lilly & Co.’s Mounjaro and Novo Nordisk A/S’s Wegovy. Though the worst cases […]
Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday. The fastest-growing category […]
An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe […]
China is mulling the sale of hundreds of billions of yuan in special government bonds to recapitalize some of its largest insurers, according to people familiar with the matter, strengthening the biggest players in a […]
AXA XL has added new coverages to its pollution and remediation liability insurance for lenders, further protecting them from losses in the event of a loan default. The Protective Environmental Asset Coverage Enhancement (PEACE) endorsement, […]
A new survey found three overarching themes that affect the purchase of flood insurance centered on awareness, action, and coverage misconceptions, according to Chubb’s Flood Risk and Resilience report. The survey of more than 1,500 […]
Most carriers today generate leads from a mix of sources: agent driven activity, direct-to-consumer campaigns, affinity partnerships, and embedded insurance programs. Yet as acquisition costs rise and distribution ecosystems grow more complex, an insurance carrier’s […]
Danone has recalled at least three batches of its Aptamil baby formula in Germany, a letter to a wholesaler showed on Thursday, as the French food producer scrambles to contain a scare over a toxin […]
MSP Recovery, a now-famous Miami litigation firm, has won some and lost some in federal and state appeals courts during a decade-long enterprise that has earned it millions of dollars in fees for, essentially, moving […]
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