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Swiss watchdog FINMA requires banks, insurers to disclose climate risks

Large Swiss banks and insurance companies will be required to provide qualitative and quantitative information about risks they face from climate change, Swiss financial watchdog FINMA said on Monday as it released an amended publication https://www.finma.ch/en/news/2021.

Dislodged ship held in Suez Canal as compensation talks continue

A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim made to the vessel's owner Shoei Kisen, an official from the Japanese company said on Tuesday.

Australia regulator proposes exposure limits of life insurers to offshore reinsurers

Exclusive: EU set to warn Aon over its $30 billion Willis buy - sources

3 Min Read BRUSSELS (Reuters) - Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson, two people familiar with the matter said. FILE PHOTO: An office building with Aon logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott The negotiations may derail Aon’s goal of closing the deal in the first half of the year unless it offers concessions in the coming weeks to stave off the charge sheet, the people said.

Exclusive: Aon s $30 billion bid for insurance broker Willis hits EU antitrust hurdle - sources

3 Min Read BRUSSELS (Reuters) - Aon will face a list of objections by the EU’s antitrust watchdog which it must overcome with concessions to proceed with its $30 billion bid for Willis Towers Watson, two people familiar with the matter said. FILE PHOTO: An office building with Aon logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott The negotiations may derail Aon’s goal of closing the deal in the first half of the year unless it offers concessions in the coming weeks to stave off the charge sheet, the people said.

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