Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer March 28, 2021 By Jan-Henrik Förster and Aaron Kirchfeld Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the...
Suez Canal Blockage Could Cost Global Trade $6B-$10B per Week: Allianz March 26, 2021 BERLIN – The container ship blocking the Suez Canal could cost global trade $6 billion to $10 billion a week,...
RSA Names Former Aviva Executive Hodges as Chair of UK, International Businesses March 26, 2021 RSA has named appointments for chair and CFO of its UK and International business entities, following the completion of Intact...
City of London Is Realizing that EU Will Limit Access for Financial Services: Lawmaker March 26, 2021 By Huw Jones LONDON – There is a growing realization that Britain should not wait for unlikely European Union access for financial services...
Brokerslink Expands in Balkans with Addition of Broker in Bosnia and Herzegovina March 26, 2021 Global broking network, Brokerslink, has further expanded its presence in the Balkan Peninsula with the addition of independent broker Advantis...
Private Equity Firm CVC Nears Deal to Buy Insurance Arm of National Bank of Greece March 26, 2021 By Sotiris Nikas and Jan-Henrik Förster CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search...
Update: Allianz to Purchase Aviva Poland for $2.9 Billion, Winning Bidding War March 26, 2021 By Benjamin Robertson Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion)....
Gender Pay Gap in Australia Is Worst in Insurance and Finance Industries: Study March 26, 2021 By Rebecca Jones Australia is losing momentum in efforts to bring equality to the workforce, with a new study finding that it will...
Container Ship Could Block Suez Canal Like a ‘Beached Whale’ for Weeks March 25, 2021 By Yusri Mohamed, Gavin Maguire and Florence Tan ISMAILIA, Egypt – A huge container ship blocking the Suez Canal like a “beached whale” may take weeks to free,...
Generali Raises Bid for Aviva Poland in Battle with Dutch Insurer NN: Sources March 25, 2021 By Pamela Barbaglia, Stephen Jewkes and Agnieszka Barteczko MILAN – Italian insurer Generali has nudged up its bid for Aviva’s Polish arm, valuing the business at almost 2.5...