AXA in Talks to Buy Majority Stake in Banco BPM’s Insurance Units April 12, 2022 By Sonia Sirletti and Alexandre Rajbhandari AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about...
Chilean State Sues Mining Companies, Alleging Environmental Damage April 11, 2022 By Fabian Cambero Chile is suing mines operated by BHP, Antofagasta and Albemarle over alleged environmental damage caused by their operations in the...
DHL Operated Boeing Jet Breaks in Two After Skidding Off Runway April 11, 2022 By Angus Whitley and William Wilkes A Boeing Co. 757 cargo jet operated by DHL broke in two after skidding off the runway at Juan Santamaria...
Societe Generale to Exit Russia With Sale of Stake in Rosbank and Insurance Units April 11, 2022 Societe Generale said on Monday it had agreed to sell its stake in Rosbank and the Russian lender’s insurance subsidiaries...
Senior EU Officials Targeted With Israeli Spyware: Sources April 11, 2022 By Raphael Satter and Christopher Bing Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according...
Cost of Insurance for Merchant Ships Sailing to Black Sea Ports Spirals Out of Control April 11, 2022 By Ann Koh and Alaric Nightingale The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a...
Generali Shareholders Urged to Back Reappointment of CEO Donnet April 11, 2022 Leading investor advisers have recommended shareholders at Generali back the proposal by the Italian insurer’s outgoing board to hand CEO...
Malloy Departs SiriusPoint, a Year After Company’s Launch April 8, 2022 By L.S. Howard Dan Malloy has left SiriusPoint Ltd., a year after the company was formed from the merger of specialty reinsurer Third...
Secondary Perils Responsible for Growing Share of Disaster Claims: RMS April 8, 2022 By L.S. Howard Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled...
New Lloyd’s Insurer Inigo Issues Inaugural Catastrophe Bond April 8, 2022 Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months...