Insurers

Bank of England tells banks to take climate action now or face profit hit

Banks and insurers that fail to manage climate risks as a "first-order" issue could face a 10% to 15% hit…

4 years ago

LIC’s looming IPO weighs on India insurer shares, investors say

Next month's mammoth stock market debut for India's Life Insurance Corporation (LIC) has battered shares in other insurers as investors…

4 years ago

EXCLUSIVE India LIC’s embedded value set at over $66.8 bln, govt official says

State-run Life Insurance Corporation of India's (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion),…

4 years ago

Insurers plan to up ramp up private market investments, BlackRock says

Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the…

4 years ago

Asset owners managing $6 trln call for global carbon price

Investors managing more than $6 trillion in assets on Tuesday called for a co-ordinated global price on carbon and said…

4 years ago

Extreme weather to push property insurance higher -Hippo CEO

Extreme weather events and shortage of labour and materials for repairs will push property insurance rates higher in the next…

4 years ago