Insurance industry must back renewables

The insurance industry could help provide key support to the development of renewable energy solutions and mitigate climate change. In a new report ‘Building a sustainable energy future: risks and opportunities’, reinsurance firm Swiss Re has highlighted the important role insurers must play in providing “new growth opportunities” for the renewables industry. Under Swiss Re’s […]

Russia displeased with USA’s fresh Iran sanctions

Russia has hinted its bilateral relations with the United States could be “seriously” affected by fresh sanctions against Iran authorised by Obama last week. The soviets’ foreign ministry suggested the new measures – which include penalising insurers, banks and firms which help Iran’s oil sector – weren’t authorised by the UN and could be a […]