Austrian trade and industry bodies call for root-and-branch review of Green Deal laws

The head of Austriaโ€™s chamber of commerce, leading conservative politician Wolfgang Hattmannsdorfer, has called on the EU executive to roll back a swathe of Green Deal regulations in its ongoing war on red tape, while the European insurance industry l…

Legal fight over โ‚ฌ2.5bn worth of aircraft stuck in Russia plays out in Dublin

Worldโ€™s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasionSitting in a nondescript building near the high court in Dublin, about 40 cloaked barristers have gathered almost daily since June las…

Search for UnitedHealthcare CEOโ€™s killer yields evidence, but few answers

Police donโ€™t know who the killer is, where he is, or why he did it.

Britain asks: Is car insurance racist?

Experts say the system is hit by indirect discrimination โ€” but solving the problem risks hiking Middle England’s premiums.

โ€˜Itโ€™s shameful and I wonโ€™t pay itโ€™: flood-hit Italians rage against insurance call

The destruction in northern Italy has ignited debate in a country where just 6% of homes are insured against natural disasterIt was 2am when the parish priest, Giovanni Samorรฌ, was woken by a phone call from the mayor of Traversara ordering him to star…

Technology helping solar farms counter growing hailstone threat

With storms becoming more frequent due to the climate crisis, insurers are forcing operators to respondOne of the least considered hazards of climate change is the increasing frequency of hailstorms and the size and the impact of the pieces of ice they…

EU leaders ditch call to prepare for โ€˜new realitiesโ€™ of warmer planet

The European Environmental Agency found Europe unprepared for climate change risks such as floods and heatwaves.

โ€˜Excessiveโ€™ capital requirements stand in the way of CMU, insurance industry warns

While EU policymakers hope to mobilise more private capital for investments through the Capital Markets Union (CMU), high capital requirements prevent insurance companies from โ€œplaying a bigger roleโ€, industry association Insurance Europe said.

Labour called on to quash snooping bank bill

SNEAK PEEK โ€” Labour peer criticizes own partyโ€™s efforts on DWP snooping bill. โ€” Hunt and Martin Lewis at odds over budget leaks. โ€” Insurers finally extend flammable cladding home cover.ย  Happy Thursday! Weโ€™re all so close to the end of the week but there are still plenty of financial services goodies to get through [โ€ฆ]

Direct Line shares surge amid takeover speculation

Belgian insurer Ageas confirms it is considering ยฃ3.1bn offer for troubled British rival Shares in Direct Line have rocketed by more than 20% after a Belgian rival confirmed it was considering a ยฃ3.1bn offer to buy the British motor insurer.The Brussel…