UK Insurer First Central Weighs Sale That Could Value Business at £600M: Sources January 27, 2022 By Jan-Henrik Förster British insurer First Central Group Ltd. is considering a sale that could value the business at about 600 million pounds...
Everest Re Group Signs UN Principles for Sustainable Insurance January 27, 2022 Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a...
Climate Risk Is Top London Market Challenge, IUA Survey Shows January 27, 2022 The top challenge currently facing London market insurance companies is climate risk, a new survey by the International Underwriting Association...
People Moves: AEGIS London Names Powell CEO, as Croom-Johnson Retires; Corvus Hires Zurich’s Delvos as 1st Head of Int’l; HDI’s Jackson to Lead Aviation at Apollo January 27, 2022 This edition of International People Moves details appointments at AEGIS London, Corvus Insurance and AEGIS London Names Powell as CEO,...
UK Business Closures Jump 14% as Pandemic Takes Brutal Toll on Small Firms January 27, 2022 By Andrew Atkinson Business closures in the UK jumped by 14% from a year ago in the fourth quarter as the coronavirus pandemic...
Generali to Raise Stake in Indian P/C Insurance Joint Venture to 74% January 27, 2022 Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the...
How Insurers Can Build Operational Resilience With Low-Code Application Programs January 27, 2022 By Karen Stanford The global pandemic has shown how vital it is for firms to understand the services they provide and to invest...
Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon January 26, 2022 By L.S. Howard Natural disasters cost global economies a total of $343 billion in 2021, compared with $297 billion in 2020, according to...
China Strengthens Anti-Money Laundering Rules for Financial Services Firms January 26, 2022 China on Wednesday published revised rules designed to strengthen financial firms’ ability to combat money laundering. The revised rules, which...
AllianzGI Creates Unit Focused on Investing in Companies With Measurable ESG Impact January 26, 2022 By Simon Jessop and Elizabeth Howcroft Asset manager Allianz Global Investors, part of German insurer Allianz, said on Wednesday it had set up a new unit...