US policymakers backwards in embracing insurer climate models

Insurance has key role in educating on climate change, say industry participants in New York


Beijing to abolish foreign ownership cap for US life & health insurers

Chubb welcomes deal terms while deal document might have let slip China Re US expansion plans


Maine legislator calls on Congress to allow cannabis insurance

Lack of insurance and banking access stunting legal cannabis market


The Hartford to restrict coal and tar sands business

Becomes 19th insurer globally to announce a coal investment and underwriting policy


MetLife agrees to pay $10m to settle SEC internal controls charge

Error led to improper reserves accounting in annuities business


NY Life buys Cigna group life and disability business for $6.3bn

Deal will add to insurer's business diversification, says Fitch


Liberty Mutual announces coal ban and first sustainability officer

Comes after sustained pressure from US lobby groups on insurer's coal policy


US life insurers commend Trump administration on Nafta modernisation

USMCA "critical to continued success" of insurers working in North America


Prudential Financial open to sale of annuity blocks, says Falzon

Ex-CFO praises extraordinarily attractive annuities book


HDI appoints Jessica Cao in leading actuarial role

She will be based in Chicago and will report to HDI's chief financial officer