Latest updates
Bank of England told to stop buying ‘high carbon’ bonds
A group of British members of parliament said on Monday that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
Fitch: Bermudian re/insurers raise $7.7bn of new capital
Fitch added that there had been some disappointment among carriers at the extent of reinsurance rate rises during the January 1 renewal season.
Pay business insurance claims or face enforcement, UK watchdog says
Insurers face enforcement action if they don’t pay up as soon as possible on business insurance claims following a landmark court ruling, Britain’s Financial Conduct Authority said on Friday.
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