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Tag Archives: Markets

U.S. price lists pose a ‘actual problem’ to Europe, Barclays CEO says

U.S. price lists pose a ‘actual problem’ to Europe, Barclays CEO says

Barclays CEO C. S. Venkatakrishnan discuss right through the Barclays Sustainable Finance convention in New York City, U.S., March 19, 2024.  Brendan McDermid | Reuters Washington’s protectionist business insurance policies are posing a “real challenge” to European international locations as they search to lift their safety contributions, in step with …

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German reinsurers took a $1.9 billion benefit hit from LA wildfires in first quarter

German reinsurers took a .9 billion benefit hit from LA wildfires in first quarter

An aerial view of houses destroyed within the Palisades Fire on January 27, 2025 in Pacific Palisades, California.  Mario Tama | Getty Images Germany’s largest reinsurers took a $1.9 billion benefit hit within the first quarter from claims associated with the contemporary Los Angeles wildfires. Munich Re, the arena’s biggest …

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