Keep up to date with the latest insurance and finance news in our weekly round-up…

 

Extinction Rebellion: Climate Change activists block London Stock Exchange

Climate activists blockaded the London Stock Exchange by gluing themselves across the entrances. They also glued themselves to the walls of the financial centre in the City of London.

Californian insurance commissioner refuses to mandate climate risk disclosures

Californian insurers will not be forced to disclose their fossil fuel business after insurance commissioner Ricardo Lara yesterday rejected a petition from more than 60 public interest groups.

Total reinsurance capital drops in 2018, but alternative capital keeps rising: Willis Re

While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re.

Philip Morris enters UK insurance market

Marlboro maker Philip Morris has launched an insurance subsidiary in the UK that promises to slash premiums by half under on condition.

Aon creates new Global Construction & Inland Marine unit

Global insurance and reinsurance broker, Aon, has announced the combination of its Construction  & Engineering and Inland Marine teams into a single practice within its Reinsurance Solutions operation.

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