Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding June 3, 2022 The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of...
EU Gives Final Nod to Sanctions Targeting Russia’s Oil, Insurance, Sberbank June 3, 2022 By Gabriela Baczynska and Jan Strupczewski BRUSSELS – The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank...
Head of Deutsche Bank’s Asset Manager Steps Down After ‘Greenwashing’ Raids June 2, 2022 By Tom Sims, Frank Siebelt and Paul Carrel FRANKFURT – The chief executive of top German asset manager DWS will step down next week, he said on Wednesday,...
Climate Change Lawsuits Are Exploding Globally, but Court Wins Are Few June 2, 2022 By Jeremy Hodges A year ago, a Dutch judge ordered Shell to slash its emissions harder and faster than planned. Victorious campaigners and...
People Moves: DUAL Europe Names 2 in Key Roles; Lockton Re Taps Aon’s Breslin for Capital Mkts.; Chubb Promotes Thompson for Int’l Personal Lines, Hernandez for A&H June 2, 2022 This edition of International People Moves details appointments at the MGA DUAL, Lockton Re and Chubb. A summary of these...
Hurricane Agatha Brings Flooding, Mudslides to Mexico, Killing at Least 11 June 2, 2022 By Jose Maria Alvarez SAN ISIDRO DEL PALMAR, Mexico (AP) – Hurricane Agatha caused flooding and mudslides that killed at least 11 people and...
Menopause Discrimination Cases Are Rising in UK Employment Courts June 2, 2022 By Katharine Gemmell UK employment court cases involving menopause are increasing, with more workers ready to challenge companies’ that are failing to recognize...
Berkshire Hathaway Specialty Insurance Opens Office in Lyon, France June 2, 2022 Berkshire Hathaway Specialty Insurance (BHSI) announced it has further expanded its presence in Europe with an office in Lyon, France....
European Union Seeks to Coordinate Russian Oil Insurance Ban With G-7 Members June 2, 2022 By Ewa Krukowska and Alberto Nardelli The European Union is working to coordinate a ban on providing the insurance services needed to ship Russian oil anywhere...
‘Big Four’ Audit Firms Targeted for Reforms in UK After Spate of Corporate Failures June 1, 2022 By Huw Jones Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS...