‘Chronic’ Heat Risk in Europe Draws Warning From Swiss Re
As Europe comes to grips with its fifth heat wave of the year, the research arm of Swiss…
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
Allianz SE plans to eliminate hundreds of positions at its assistance and travel insurance subsidiary Allianz Partners as…
Climate Change Keeps Adding to List of Uninsurable Assets, Allianz Executive Says
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of…
Ship Insurers Set for Major Claims From Iran War, Allianz Says
The insurance industry is set to face significant claims for ships that were damaged during the Iran war,…
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
Munich Re’s primary insurance unit ERGO aims to cut about 1,000 positions in Germany, partly as a result…