Bermuda is cracking down on related party investments after the 777 saga

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The financial watchdog in Bermuda, at the heart of the world’s reinsurance sector, is cracking down on life insurers’ investments in affiliates after problems at 777 Partners and its reinsurer based in the British Overseas … Read more

Europe encourages investments in start-up companies in the field of defense technology

Investments in defense technology start-ups are increasing in Europe, says the head of NATO’s €1 billion venture capital fund, who believes the region can produce several potential multi-billion dollar companies to rival those in the US. The NATO Innovation Fund launched its investment program early this year by directly supporting four start-ups, including Wales-based Space … Read more

Investments in clean energy this year are expected to be twice the amount going to fossil fuels. – News – IEA

Global spending on clean energy technologies and infrastructure is on track to reach $2 trillion by 2024, even as higher financing costs hinder new projects, especially in emerging and developing economies Despite funding pressures, global investment in clean energy is expected to nearly double the amount going into fossil fuels by 2024, helped by improving … Read more