Lloyd’s of London to Pay Some Staff £2,500 Cost-of-Living Bonus September 8, 2022 By Benjamin Robertson and Will Louch Lloyd’s of London will pay staff earning less than £75,000 ($86,306) an extra £2,500 to help cover rising living costs...
Ukraine Urges Marine Insurers to Withdraw Coverage for Russian Shipping Companies March 31, 2022 By Benjamin Robertson The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in...
Bain Capital Makes Final Pitch for UK Mutual Insurer LV= November 30, 2021 By Benjamin Robertson Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a...
Aviva to Return at Least $5.6 Billion to Investors Following Non-Core Asset Sales August 12, 2021 By Benjamin Robertson Aviva Plc plans to return at least 4 billion pounds ($5.6 billion) to investors using proceeds from the recent sale...
London Is Struggling to Lure Back Workers, Says CEO of Legal & General August 5, 2021 By Benjamin Robertson and Mark Cudmore The head of one of the UK’s largest insurers and investors warned that the City of London is struggling far...
Update: Allianz to Purchase Aviva Poland for $2.9 Billion, Winning Bidding War March 26, 2021 By Benjamin Robertson Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion)....
Insurer Aviva Seeks New London Headquarters to Cut Post-Pandemic Office Footprint March 5, 2021 By Jack Sidders and Benjamin Robertson Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office...
Aviva Sells Italian Businesses to Allianz and CNP in 2 Deals Totaling $1.1 Billion March 4, 2021 By Benjamin Robertson Aviva Plc has exited its Italian businesses in a pair of deals totaling 873 million euros ($1.1 billion) as the...
UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy February 23, 2021 By Benjamin Robertson Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...