China Launches Disaster Insurance Trials in 6 Cities Affected by Floods in 2021 June 28, 2022 China’s third-most populous province Henan will launch pilot programs for catastrophe insurance in six cities that were the hardest hit...
Seven Taiwanese Insurers Have Not Received Russian Eurobond Payments: Regulator June 28, 2022 Taiwan’s financial regulator said on Tuesday that seven Taiwanese insurance companies have not received interest due on May 27 on...
UK Home Insurer Policy Expert Considers £1 Billion Sale June 28, 2022 By Dinesh Nair UK home insurer Policy Expert’s owner is considering a potential sale that could raise as much as £1 billion ($1.2...
Rise of Women to Top UK Financial Services Roles ‘Stagnating’ June 27, 2022 By Huw Jones Britain’s six-year drive to increase the number of women in senior management at financial firms is “stagnating” for the first...
Gallagher Re Launches Climate Risk Resilience Practice, Led by World Bank’s Bavandi June 27, 2022 Gallagher Re, the global reinsurance broker, announced it has launched a global practice focusing on public sector and climate resilience...
People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re June 27, 2022 This edition of International People Moves details appointments at insurance broker Miller, Aon Reinsurance Solutions in Italy, and AXA XL....
Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey June 27, 2022 By Juliette Portala Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not...
Generali Investor Del Vecchio Dies at 87 June 27, 2022 By Tommaso Ebhardt Leonardo Del Vecchio, the Italian entrepreneur who started off with a tiny optics workshop in the Dolomite mountains and ended...
G-7 Eyes Cap on Price of Russian Oil via Insurance, Shipping Restrictions June 27, 2022 By Chiara Albanese, Samy Adghirni and Alberto Nardelli Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions...
Russia Defaults on Foreign-Currency Debt for 1st Time in More Than a Century June 27, 2022 By Giulia Morpurgo and Libby Cherry Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions...