Keep up with what’s been happening this week in our insurance news round-up…

 

Hong Kong enters first recession in a decade

The territory has been gripped by pro-democracy protest for months, and the effect of tourists staying away has begun to show.

City firms must do more to tackle sexual harassment, says FCA executive

A top executive at the City watchdog has said there are still too many incidents of sexual harassment happening inside financial sector companies.

CFOs reveal pressure to act on climate change

Around half of chief financial officers (CFOs) in Europe are feeling pressure from their customers and employees to take action on climate change, a new survey by Deloitte has found.

California to overhaul insurance plan after wildfires

Californians who lost their home insurance because of the threat of wildfires will be able to buy comprehensive policies next year through a state-mandated plan under an order issued Thursdsay by the state insurance commissioner.

Ledger’s Vault scores $150 million in crypto insurance from Lloyd’s Syndicate

Marsh has arranged a $150 million insurance policy from Lloyd’s of London syndicate Arch for users of the startup’s Ledger Vault technology platform, the companies announced Thursday.

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