The Federation of European Risk Management Associations [FERMA), which represents risk managers in 20 European countries, has told the European Commission that it is opposed to the creation of a fund to cover environmental liability and losses resulting from industrial …
EU nations are dithering over how to fill a multi-billion-euro fund to help tackle climate change, just as the region’s executive body hosts talks with countries likely to bear the brunt of extreme weather. The European Union recommitted to providing …
The British arm of News Corp has increased the legal fund it will use to settle civil litigation cases brought by victims of phone hacking to £100 million ($155 million) from £20 million [$31 million], the Independent newspaper reported on …
EU finance ministers on Tuesday signed off on more than €4 billion ($5.5 billion) in short-term funding to help developing countries adapt to climate change and curb emissions — even as they met to grapple with Europe’s debt crisis. Draft …
New Zealand’s government may have to recapitalize its crucial national disaster safety fund after being hit by two major earthquakes in five months, analysts and insurers say. The government could decide to dip into its own coffers to top up …
