Aviva in Talks to Sell Units in France, Poland and Italy, CEO Confirms November 30, 2020 By Benjamin Robertson Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and...
UK Insurer Aviva Sells Stake in Italian Life Unit for $475 Million November 24, 2020 By Benjamin Robertson Aviva Plc is selling its stake in its Italian life insurance joint venture for about 400 million euros ($475 million)...
Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap September 23, 2020 By Benjamin Robertson and Lucca de Paoli The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather...
Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...
Insurer AXA, With H1 Net Income Down 40%, Warns of Future COVID-19 Shocks August 6, 2020 By Benjamin Robertson AXA SA’s profit sank in the first half as it booked a 1.5 billion-euro ($1.8 billion) charge for claims related...
Update: COVID-19 Business Interruption Claims Take Center Stage in London Court Case July 20, 2020 By Lucca de Paoli and Benjamin Robertson UK financial regulators took aim at insurers’ attempts to compare the coronavirus lockdown to government warnings on cigarettes and alcohol,...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
UK Insurers Urged by Treasury Committee to Pay Coronavirus Claims April 27, 2020 By Benjamin Robertson Insurers need to pay out on more claims related to the coronavirus pandemic, according to the head of the UK...
Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions March 4, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from...
After Aviva’s Reorganization, CEO Vows More Accountability November 20, 2019 By Benjamin Robertson U.K. insurer Aviva Plc’s reorganization into five units will make it easier for investors to understand the company and foster...