China’s Ping An Insurance Reports First Annual Drop in Profit Since 2008 February 3, 2021 BEIJING/SHANGHAI — Ping An Insurance Group Co of China Ltd , China’s largest insurer by market value, on Wednesday reported...
Brazilian Dam Claimants to Take BHP Class Action to English Court of Appeal February 3, 2021 Lawyers for about 200,000 Brazilian claimants, whose multi-billion dollar lawsuit against Anglo-Australian miner BHP over a 2015 dam collapse was...
Fagan to Step Down as Chief Executive of Catalina Holdings, Succeeded by Hemphill February 2, 2021 Catalina Holdings (Bermuda) Ltd., the legacy re/insurance acquisition specialist, announced that Chris Fagan, co-founder, is stepping down as chief executive....
Hub International Buys Canada’s John Galon Insurance Services and Galon Management February 2, 2021 Hub International Ltd., the Chicago-based insurance broker, announced it has acquired John Galon Insurance Services Ltd. and Galon Management Ltd.,...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts February 2, 2021 By Jonathan Tirone Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal...
Sampo Should Sell Holding in Lender Nordea to Focus on Insurance: Activist Investor February 2, 2021 Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus...
India’s New Rules for Insurance Investments Could Attract U.S., European Insurers February 1, 2021 NEW DELHI – The Indian government on Monday said it plans to raise limits on how much foreign companies can...
Aviva Investors Weighs Ditching Holdings in Biggest Carbon Emitters for Climate Inaction February 1, 2021 By Simon Jessop LONDON – Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world’s...