China Vows to Roll Out Market-Friendly Policies, Boosting Battered Shares March 18, 2022 Chinese Vice Premier Liu He, China’s economic tsar, urged the roll-out of market-friendly policies to support the economy and caution...
Ping An Insurance Profit Falls 29% March 18, 2022 By Engen Tham, Zoey Zhang and Selena Li Ping An Insurance Group Co of China Ltd., the country’s largest insurer, on Friday reported its biggest annual profit fall...
Swiss Re to Reduce Cover for Oil, Gas Operations March 18, 2022 By Simon Jessop Swiss Re, the world’s second biggest reinsurer, said it would increase the number of oil and gas producers for which...
People Moves: AXA XL Promotes Europe Managers; WTW Names Bassi for Insurance Consulting & Tech; Sedgwick Appoints Horrocks UK Head of Fraud Tech, Intelligence March 17, 2022 This edition of International People Moves details appointments at AXA XL, Willis Towers Watson and Sedgwick. A summary of these...
Thailand Regulator Orders 2 Non-Life Insurers to Stop Accepting New Clients March 17, 2022 By Anuchit Nguyen Thailand’s insurance regulator ordered Southeast Insurance Pcl and Thai Insurance Pcl to stop taking new clients and sell some assets...
Consumers Risk Losing All Their Crypto Investments, EU Regulators Warn March 17, 2022 Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking...
Oman Insurance Co. Receives Nod to Underwrite via Lloyd’s Syndicate-in-a-Box March 17, 2022 Oman Insurance Co. (OIC) and Asta, the third-party managing agent at Lloyd’s, announced that OIC’s syndicate 2880 has received Lloyd’s...
Burn the Client or Burn the Carbon? Insurer AXA Grapples With Clean Energy Transition. March 17, 2022 By Alastair Marsh The glass tower in Paris where AXA SA, one of the world’s largest insurers, has its temporary headquarters looks as...
Leadership Conundrum: Can Corporate Culture Survive Remote Work Models? March 17, 2022 By L.S. Howard As the world enters the third year of the pandemic, employees in the insurance industry expect to maintain workplace flexibility—a...
New Russian Law on Leased Jets Could Help in Claiming Insurance, Air Lease Says March 17, 2022 By Abhijith Ganapavaram A new Russian law on leased aircraft showed Moscow could “confiscate” planes and such a move might help it claim...