15 Insurers Stop Doing Business with Nord Stream 2 Pipeline to Avoid Sanctions: Reuters February 24, 2021 By Timothy Gardner Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas...
French Privacy Watchdog Probes Massive Leak of Sensitive Health Data February 24, 2021 By Helene Fouquet France’s privacy watchdog said it’s investigating the leak of sensitive health data on half a million people and said the...
Finland’s Sampo Steps Up Move to Become Pure Insurance Group, Cutting Nordea Stake February 24, 2021 By L.S. Howard Finnish financial group Sampo plc is continuing its transformation into a pure insurance group with an announcement that it will...
Furtschegger Appointed Global Head of Entertainment Line of Business at AGCS February 24, 2021 Michael Furtschegger has been appointed as global head of Entertainment at Allianz Global Corporate & Specialty (AGCS), reporting directly to...
AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential February 24, 2021 By Alastair Marsh All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA...
Italy’s Top Insurer Generali to Invest €3.5B in COVID-Hit European Countries February 24, 2021 MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over...
Plans to Reform UK Insurance Capital Rules Not Part of ‘Deregulatory Agenda’: Minister February 24, 2021 By Huw Jones and Carolyn Cohn Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them...
UK, EU to Create Financial Services Cooperation Forum for Market Access Talks February 23, 2021 By Huw Jones and Carolyn Cohn Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March...
Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed February 23, 2021 Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it...
Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions February 23, 2021 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid...