Baloise on Friday said that Patria Genossenschaft had acquired a 9.35% stake in the Swiss insurer, which this week announced plans to merge with competitor Helvetia. Patria is Helvetia’s main shareholder. The shares were acquired from Cevian Capital, Baloise said, …
A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance …
A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural disasters. Prevention needs to become “a mandatory part” of insurance …
Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset manager amid a deal wave in the industry. The two firms signed a non-binding memorandum of understanding for a joint …
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team up on distribution, according to people familiar with the matter. The two firms are still finalizing details …
A family office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their wealth away from luxury. Krefeld Invest, the family office of heirs …
