UK Insurer LV= Says Talks Continue with Number of Parties About Possible Merger September 28, 2020 UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after...
Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts September 28, 2020 By L.S. Howard Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies,...
EU Strikes Low-Cost Deal With AstraZeneca to Pay COVID-19 Vaccine Claims September 28, 2020 By Francesco Guarascio European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different...
UN Envoy Carney Backs Investors’ Call for Increased Climate Risk Disclosure September 28, 2020 By Simon Jessop United Nations climate envoy Mark Carney on Thursday threw his weight behind a growing push by investors for companies to...
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index September 25, 2020 New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched...
Swiss Re Announces Plans to Streamline Structure of Group September 25, 2020 Swiss Re announced further streamlining of the legal entity structure of the group. Following the announcement on June 19, 2020...
Formation of More ‘Class of 2020’ Reinsurers Unlikely September 25, 2020 By Susanne Sclafane The Class of 2020 already has a new member, but it’s not a true startup, the chair of the company...
What Ever Happened to Hedge Fund Reinsurers? September 25, 2020 By Susanne Sclafane The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that...
Lloyd’s CEO Neal Sees Appeal of COVID Business Insurance Ruling Coming September 25, 2020 By Carolyn Cohn Lloyd’s of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to...
Brazil’s State-Owned Caixa Again Postpones IPO of Its Insurance Unit September 25, 2020 Brazilian state-owned lender Caixa Economica Federal said on Thursday that it had indefinitely postponed plans for an initial public offering...