Italy to Protect Businesses from Liability if Workers Catch Coronavirus: News Report May 18, 2020 By Ross Larsen Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the...
Swiss Re’s UK Unit, ReAssure, Gets Ready for IPO in July June 14, 2019 By Ross Larsen and Will Hadfield Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the...
Swiss Re to Post ‘Large’ Q3 Losses from Italy Bridge Collapse, Natural Disasters October 18, 2018 By Ross Larsen and Patrick Winters Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including...
Marsh & McLennan to Acquire Broker JLT September 18, 2018 By Ross Larsen Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its...
Generali Plans to Sell Wealth Management, Services Units for $476M July 19, 2018 By Ross Larsen Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million),...
Generali Agrees to Sell German Life Unit, Valued at $1.2B, to Viridium July 5, 2018 By Ross Larsen Assicurazioni Generali SpA agreed to sell almost 90 percent of its German Generali Leben unit to a company owned by...
Talks End without Softbank Stake in Swiss Re; Swiss Re Still Open to Other Investors May 28, 2018 By Patrick Winters and Ross Larsen Swiss Re AG said it would continue to welcome an anchor investor after Masayoshi Son’s SoftBank Group Corp. ended its...
Lloyd’s CEO Warns Insurance Policies’ Continuity at Risk Under Brexit March 21, 2018 By Jack Sidders and Ross Larsen Lloyd’s of London Chief Executive Officer Inga Beale said insurance contracts across Europe will remain at risk unless there’s an...
Insurers Gain as Shifty, Weakened Irma May Not Be as Damaging as Feared September 11, 2017 By Ross Larsen, Oliver Suess and Katherine Chiglinsky Insurers jumped in markets from Europe to Florida amid signs that predictions about Hurricane Irma’s damage were excessively dire. Giant...
Intesa Says Possible Generali Bid Is Just One of Many Options Being Eyed February 3, 2017 By Ross Larsen and Sonia Sirletti Intesa Sanpaolo SpA said it’s weighing a potential takeover of Assicurazioni Generali SpA and described a possible bid as a...