AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S. August 1, 2019 By Will Hadfield and Andrew Blackman AXA SA’s shift away from life insurance yielded growing volumes and improved profitability as a restructuring move hit the bottom...
French Reinsurer SCOR Spurns $9.6B Acquisition Offer from Insurer Covea September 4, 2018 By Phil Serafino and Andrew Blackman French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s...
Allianz Reports 22% Drop in Q4 Profit but Still Plans Dividend Hike February 16, 2018 By Julie Edde and Andrew Blackman A record year for natural-disaster insurance claims worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz...
Technology Partnerships Key to Insurance Industry’s Exit from `Stone Age:’ Aviva CEO February 6, 2018 By Andrew Blackman The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to...
NN Group Agrees to Acquire Dutch Insurer Delta Lloyd for $2.6B December 28, 2016 By Andrew Blackman NN Group NV agreed to buy Delta Lloyd NV for about 2.5 billion euros ($2.6 billion) after its earlier offer...