Update: Leaders at COP26 Climate Conference Pledge to Cut Methane and Save Forests November 2, 2021 By Jake Spring and Jeff Mason GLASGOW – Leaders at the COP26 global climate conference pledged on Tuesday to stop deforestation by the end of the...
Berkshire Hathaway, Other Foreign Firms to See Payoffs From India’s Fintech Revolution November 2, 2021 By Saritha Rai, Suvashree Ghosh and Baiju Kalesh China’s transformation from a financial-technology backwater into a $46 trillion-a-year global leader in digital payments left most international investors watching...
Insurer Hiscox Sets Aside $150M for Hurricane Ida, European Flood Losses November 2, 2021 By Muvija M and Carolyn Cohn Hiscox has set aside $150 million to cover losses linked to Hurricane Ida and floods in Europe, the insurer said,...
Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts November 2, 2021 Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told...
Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units November 1, 2021 UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million...
Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking November 1, 2021 Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into...
Aon Founder Ryan Retired at 71, Then He Built a New $10B Business November 1, 2021 By Scott Carpenter By the time he stepped down from Aon Plc at age 71, Patrick Ryan had earned a retirement fit for...
UK Baker Greggs Files $137M Claim Against Zurich Over COVID-19 Payout November 1, 2021 By Bill Lehane UK baker Greggs Plc filed a $137 million (£100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement...
AXA Tightens Policy for Insuring, Investing in Oil & Gas Ahead of COP26 Summit November 1, 2021 By Sudip Kar-Gupta and Simon Jessop AXA, France’s biggest insurer, said on Friday it would tighten its policy regarding investing in and insuring the oil and...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership November 1, 2021 Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a...