UK Business Closures Jump 14% as Pandemic Takes Brutal Toll on Small Firms January 27, 2022 By Andrew Atkinson Business closures in the UK jumped by 14% from a year ago in the fourth quarter as the coronavirus pandemic...
Generali to Raise Stake in Indian P/C Insurance Joint Venture to 74% January 27, 2022 Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the...
How Insurers Can Build Operational Resilience With Low-Code Application Programs January 27, 2022 By Karen Stanford The global pandemic has shown how vital it is for firms to understand the services they provide and to invest...
Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon January 26, 2022 By L.S. Howard Natural disasters cost global economies a total of $343 billion in 2021, compared with $297 billion in 2020, according to...
China Strengthens Anti-Money Laundering Rules for Financial Services Firms January 26, 2022 China on Wednesday published revised rules designed to strengthen financial firms’ ability to combat money laundering. The revised rules, which...
AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact January 26, 2022 By Simon Jessop and Elizabeth Howcroft Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit...
Generali Loses Third Board Director in Less Than 2 Weeks January 26, 2022 Italy’s biggest insurer Generali said on Tuesday Sabrina Pucci had resigned from its board for personal reasons, the third director...
Owners of High-End London Restaurants Sue AXA Over Failure to Pay COVID Claims January 26, 2022 By Katharine Gemmell The owners of high-end London restaurants The Wolseley and The Delaunay sued AXA Insurance UK Plc for as much as...
People Moves: Peak Re Appoints Echo Re’s Nowakowski to Lead P/C Underwriting; Gallagher Re Hires EMEA Dir. for Public-Private Initiatives; Pool Re’s Enoizi to Work With Cambridge Centre for Risk Studies January 25, 2022 This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies....
Italy OKs Treasury Taking Control of Credit Insurance Agency SACE January 25, 2022 By Giuseppe Fonte Italy approved a long-awaited decree needed for the Treasury to buy credit insurance agency SACE from state lender Cassa Depositi...