SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results April 18, 2022 Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential...
Crypto Firms Being Targeted by North Korea Hackers, Warns DeFiance Capital Founder April 18, 2022 By Joanna Ossinger All prominent cryptocurrency organizations are probably being targeted by North Korean hackers and should strengthen their cybersecurity, according to the...
EU’s Tweak to Sanctions Allows Some Aircraft Lessors to Sell Stranded Jets to Russia April 15, 2022 By Siddharth Philip and Alberto Nardelli An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held...
Credit Agricole to Bid for Banco BPM’s Insurance Units, in Competition With AXA April 14, 2022 By Alexandre Rajbhandari and Sonia Sirletti Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s...
People Moves: QBE Re Names Barber Head of U.S. Treaty, Succeeding Larson; MNK Re Hires Pillay to Lead S. Africa Branch; Francis Promoted to MD, CFC Response April 14, 2022 This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and...
Reuters – Oil Traders to Cut Russia Oil Purchases to Avoid Falling Foul of EU Sanctions April 14, 2022 By Julia Payne Major global trading houses are planning to reduce crude and fuel purchases from Russia’s state-controlled oil companies as early as...
Swiss Re Chairman Re-elected Despite Proxy Adviser’s Concerns About Diversity April 14, 2022 Swiss Re shareholders re-elected Sergio Ermotti as chair, the company said on Wednesday, despite a recommendation by proxy adviser Institutional...
Staff at UK Financial Conduct Authority Vote to Strike Over ‘Unacceptable’ Pay Reforms April 14, 2022 By William Shaw Staff at the UK Financial Conduct Authority have voted to go on strike for the first time in a dispute...
Update: South Africa’s Deadliest Floods in 6 Decades Claim More Than 300 Lives April 14, 2022 By Rene Vollgraaff and S'thembile Cele South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government...
Climate Change Exacerbates Africa Cyclones: Study April 14, 2022 By Wanjohi Kabukuru Extreme rainfall in southeast Africa has become heavier and more likely to occur during cyclones because of climate change, according...