AXA, Other Mega-Investors Seek to Avoid Portfolios with Global Warming Potential February 24, 2021 By Alastair Marsh All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA...
Italy’s Top Insurer Generali to Invest €3.5B in COVID-Hit European Countries February 24, 2021 MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over...
Plans to Reform UK Insurance Capital Rules Not Part of ‘Deregulatory Agenda’: Minister February 24, 2021 By Huw Jones and Carolyn Cohn Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them...
UK, EU to Create Financial Services Cooperation Forum for Market Access Talks February 23, 2021 By Huw Jones and Carolyn Cohn Plans by Britain and the European Union to set up a new financial cooperation forum by the end of March...
Lloyd’s Survey Results Show More Inclusive Culture, but Improvement Still Needed February 23, 2021 Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it...
Munich Re Stops Insuring Nord Stream 2 Pipeline on Fears of U.S. Sanctions February 23, 2021 A subsidiary of Germany’s Munich Re will no longer insure the Nord Stream 2 pipeline from Russia to Europe amid...
Lloyd’s Insurer Brit to Stop Insuring Australia’s Adani Coal Mine February 23, 2021 Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding...
BHSI Appoints MSIG’s Neumann as Head of Casualty in Germany February 23, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Mathias Neumann as head of Casualty in Germany. Mathias has more...
UK’s Aviva to Sell French Business for $3.9 Billion, Continuing Core-Market Strategy February 23, 2021 By Benjamin Robertson Aviva Plc agreed to sell its French business for 3.2 billion euros ($3.9 billion), the largest deal so far in...
QBE Reports Full-Year 2020 Loss of $1.5 Billion; No Final Dividend Declared February 22, 2021 QBE officially announced a $1.5 billion bottom-line net loss for 2020 late last week, confirming a figure the Australia-based insurance...