Gautam Naik

1 week ago | propertycasualty360.com | Gautam Naik

An insurance company employee surveys damage at homes destroyed by the Palisades Fire in the Pacific Palisades area of Los Angeles. (Credit: Jill Connelly/Bloomberg) (Bloomberg) — Insured losses from natural catastrophes could soar to $145 billion this year — well above the 10-year average — as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

1 week ago | insurancejournal.com | Gautam Naik

There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers. Firms have had to acknowledge that the goal of generating the highest profits often “isn’t aligned with the social and environmental aspirations of the types of people they hired,” says Tom Strelczak, a London-based partner focused on sustainability at Madison Hunt, where he oversees the firm’s European business.

2 weeks ago | news.bloomberglaw.com | Gautam Naik |Saijel Kishan

There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers. Firms have had to acknowledge that the goal of generating the highest profits often “isn’t aligned with the social and environmental aspirations of the types of people they hired,” says Tom Strelczak, a London-based partner focused on sustainability at Madison Hunt, where he oversees the firm’s European business.

2 weeks ago | news.bloombergtax.com | Gautam Naik |Saijel Kishan

There’s a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers. Firms have had to acknowledge that the goal of generating the highest profits often “isn’t aligned with the social and environmental aspirations of the types of people they hired,” says Tom Strelczak, a London-based partner focused on sustainability at Madison Hunt, where he oversees the firm’s European business.

2 weeks ago | inquirer.com | Gautam Naik

Insured losses from natural catastrophes could soar to $145 billion this year — well above the 10-year average — as population growth, urban sprawl, and climate change combine to supercharge risks, according to a report by Swiss Re Institute. Severe thunderstorms, floods, and wildfires are the main drivers behind this year’s loss estimate, the reinsurer said in a report on Tuesday.