Insurers seek to define ‘war’ as risk rises of global power clashes

Insurers seek to define ‘war’ as risk rises of global power clashes

Insurers Look to Redefine ‘War’ Clause Due to Increased Global Tensions

A trade body representing insurers is considering revising the Five Powers exclusion to include new risks associated with hostile drone activity and subsea attacks. This potential update reflects growing concerns about global power clashes and emerging warfare technologies.

Original Source: https://www.ft.com/content/c0d09278-9a02-4e2b-9963-eae60110fa12

Allianz boss warns Germany risks becoming ‘sick man of Europe’

Allianz boss warns Germany risks becoming ‘sick man of Europe’

Allianz CEO Raises Concerns Over Germany's Social Security System Oliver Bäte, CEO of Allianz, has issued a warning regarding the future of Germany’s...

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UBS chair warns of ‘looming systemic risk’ from insurers’ private credit assets

UBS chair warns of ‘looming systemic risk’ from insurers’ private credit assets

Title: UBS Chair Highlights Concerns Over Insurers' Investment Practices Colm Kelleher, the chair of UBS, has raised significant concerns about the...

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Former Apollo risk chief says some new life insurers could struggle in downturn

Former Apollo risk chief says some new life insurers could struggle in downturn

Challenges Anticipated for New Life Insurers in Economic Downturn Chak Raghunathan, a former risk chief at Apollo, has expressed concerns regarding...

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