Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit February 25, 2021 By Huw Jones Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion...
AXA Reports 18% Drop in Net Income During 2020 with COVID Claims of $1.8 Billion February 25, 2021 AXA reported net income of €3.16 billion (US$3.8 billion) during 2020, an 18% drop from €3.86 billion (US$4.7 billion) in...
UK Prime Minister Warns Climate Change Is Threat to World Security February 25, 2021 By Edith M. Lederer British Prime Minister Boris Johnson warned world leaders Tuesday that climate change is a threat to security of all nations...
Aviva Pushes Back Deadline for Final Offers for Polish Operations: Sources February 25, 2021 By Pamela Barbaglia and Stephen Jewkes LONDON – Aviva has pushed back the deadline for final offers for its Polish operations to late March as the...
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...