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...
Climate Change Ranks as Top Concern for Insurers, Replacing Pandemic September 29, 2021 By Alexandre Rajbhandari Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual...
French Chef Seeks $1.9M from Allianz for Biz Income Losses During COVID Lockdowns June 17, 2021 By Alexandre Rajbhandari A French Michelin three-star chef is asking Allianz SE for 1.6 million euros ($1.9 million) in insurance claims for losses...
AXA Disputes Ruling that It Must Pay Millions of Euros in Back Taxes: News Report November 16, 2020 By Alexandre Rajbhandari AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities...
Pandemics Surpass Climate Change as Biggest Worry for Insurance Professionals: Study October 1, 2020 By Alexandre Rajbhandari Pandemics became the top concern for insurance professionals this year as the COVID-19 crisis roils the industry worldwide. Infectious diseases...