American Financial Group Agrees to Sell Run-Off Lloyd’s Insurer Neon to RiverStone September 28, 2020 American Financial Group Inc. announced it has reached a definitive agreement to sell GAI Holding Bermuda and its subsidiaries, comprising...
Munich Re Subsidiary NewRe Names Braune as CEO, Succeeding Strasser September 28, 2020 New Reinsurance Co. Ltd., a wholly owned subsidiary of Munich Re, announced that its board of directors appointed Dr. Thomas...
Beazley Expands Life Sciences Insurance Offering in UK September 28, 2020 Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy...
Insurer Ping An Taps Rising Demand for Chinese Assets with Offshore Management Arm September 28, 2020 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, is tapping growing global demand for Chinese assets to...
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...