Fitch Ratings, a provider of credit ratings, research, and risk analysis, expects to see a further expansion of alternative reinsurance capacity in 2025, supported by cyber catastrophe bond issuances, which will add to the reinsurance sector’s capital base and help absorb earnings volatility.Looking back at 2024, three cyber cat bonds were introduced to the insurance-linked … Read more
.jpg?itok=a7tYjXEC "Safeguarding public health – Call for a total ban on flavoured tobacco and possession of alternative smoking products – Go Health Pro")
[The content of this article has been produced by our advertising partner.] Hong Kong Council on Smoking and Health (COSH) and academics from The University of Hong Kong released new tobacco control surveys which show a higher rate of flavoured cigarette use among teenagers and women. Mr Henry TONG Sau-chai, COSH Chairman, said, “Menthol, fruit, … Read more
With wildfires becoming a more recurring peril for the California property insurance market, alternative capital may be available to provide coverage, including through multiple-peril alternative reinsurance capital instruments, however “pricing is likely to remain a sticking point” according to analysts at Morningstar DBRS.In a new report, Morningstar DBRS has revealed that the on-going wildfires in … Read more
Is FIRE – Financial Independence Retire Early – the best way for most of us to change our lives for the better? Author, podcaster, and entrepreneur Rob Dix is back to suggest another approach. Please enjoy this extract from his upcoming book: Seven Myths About Money: And The Truth About Finding Financial Freedom. MYTH – … Read more
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Besides the spectacle of a UN secretary-general obsequiously paying respect to a Russian president indicted for abducting children, last month’s Brics summit in Kazan featured the more technical, but geopolitically more consequential, push “to make … Read more
