Natural disasters like Hurricane Florence and Genoa’s bridge collapse cost Swiss Re $1.1bn October 18, 2018 A string of recent natural disasters will set global reinsurer Swiss Re back roughly $1.1bn (£840m) in its third quarter, it revealed today. The largest costs were inflicted in September by Typhoon Jebi, the most powerful typhoon to hit Japan for 25 years. Claims from that disaster alone are expected to reach $500m. Hurricane Florence, [...]
Brexit uncertainty puts small businesses at risk, warns FSB October 18, 2018 Tens of thousands of small businesses would be put at risk from a no-deal Brexit, the Federation of Small Businesses claimed today. The business campaigner added that the lack of progress in negotiations between the UK and EU is increasing uncertainty among firms, forcing them to consider putting business decisions on hold and even cutting [...]