US Property Insurance Rates Fall for First Time Since 2017 September 17, 2024 By Alexandre Rajbhandari US property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid...
Reinsurer SCOR’s Recovery Clouded by First Quarterly Loss Since 2022 July 30, 2024 By Alexandre Rajbhandari SCOR SE Chief Executive Officer Thierry Leger said he’s taking over control of the company’s life and health unit after...
AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics April 3, 2024 By Alexandre Rajbhandari AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next...
BNP Paribas Considers Buying Fosun’s Ageas Stake March 15, 2024 By Jan-Henrik Förster, Alexandre Rajbhandari, Manuel Baigorri and Pamela Barbaglia BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people...
AXA’s CEO Buberl Wants to ‘Scale Up’ Corporate Business February 8, 2024 By Alexandre Rajbhandari AXA SA’s Chief Executive Officer Thomas Buberl says he intends to “scale up” the firm’s business insuring corporate risks in...
French Insurers Say Cost of Riots Totals $305 Million, So Far July 5, 2023 By Alexandre Rajbhandari French insurers have so far received around 5,900 claims worth a total of some €280 million ($305 million) resulting from...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...
Climate Activists Ask Insurers to Withhold Cover for Giant Australian LNG Project October 5, 2022 By Alexandre Rajbhandari Climate NGOs are calling on insurers to withhold coverage for a giant LNG project and hold firm to their net...
Credit Agricole to Bid for Banco BPM’s Insurance Units, in Competition With AXA April 14, 2022 By Alexandre Rajbhandari and Sonia Sirletti Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s...
AXA in Talks to Buy Majority Stake in Banco BPM’s Insurance Units April 12, 2022 By Sonia Sirletti and Alexandre Rajbhandari AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about...