Reinsurers, Insurers Balk at SEC’s Climate Reporting Direction
The insurance industry has embraced climate change as a marketing strategy, but SEC regulations around climate disclosures not so much.
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Ackman Pivots From Building to Buying an Insurer
The hedge fund manager is targeting $1B to $3B insurance deals.
Bermuda Regulator Eyes AI Governance Rules for Global Reinsurance Hub
The insurance sector faces new AI oversight as the Bermuda regulator eyes modeling risks.
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Wildfire Risk May Fuel "Viscous Cycle" In Municipal Bond Market
Investors are beginning to demand higher yields from U.S. municipalities exposed to climate-driven wildfire risk, signaling a critical shift in how the bond market prices environmental vulnerability.