Nurse Shortage Is Latest Obstacle for Tokyo Olympic Games May 4, 2021 By Stephen Wade and Yuri Kageyama TOKYO – Some nurses in Japan are incensed at a request from Tokyo Olympic organizers to have 500 of them...
India’s Choice Group Launches Digital Insurance Marketplace ISMOS May 4, 2021 India’s Choice Group has launched an insurance aggregator platform called ISMOS that will offer life, health and general insurance. Suyash...
European Commission Delays Aon-Willis Decision Until August May 4, 2021 The European Commission competition panel has moved its decision date for the Aon-Willis Towers Watson merger by five business days...
Swiss Economy in Position to Bounce Back Strongly: KOF Institute May 4, 2021 By John Revill ZURICH – The Swiss economy will bounce back strongly from its pandemic slowdown, the KOF institute said on Friday, as...
S&P Forecasts Global Islamic Financial Industry Growth May 4, 2021 By Davide Barbuscia The $2.2 trillion global Islamic finance industry is expected to grow 10%-12% over 2021-2022 due to increased Islamic bond issuance...
Chinese Insurtech Waterdrop Seeks $360M in New York IPO May 3, 2021 By Scott Murdoch HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial...
Fidelity Slashes Valuation of Restructured Ant Group of China May 3, 2021 By Aaron Saldanha U.S. asset manager Fidelity Investments has cut its valuation of Chinese financial technology giant Ant Group in half in its...
Nexus Signs Delegated Authority Deal With Allianz Global Corporate & Specialty May 3, 2021 Allianz Global Corporate & Specialty (AGCS) and Nexus Group announced a four year strategic underwriting and claims delegated authority agreement...
Gallagher Acquires Australia’s Mutual Brokers May 3, 2021 Insurance broker Arthur J. Gallagher & Co. said it has acquired Mutual Brokers Pty Ltd., a Canberra, Australian Capital Territory...
Swiss Re Scores Profit Despite COVID Death Claims, Catastrophe Losses May 3, 2021 By Andrew G. Simpson Swiss Re reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened losses in...