AXA Weighs $177 Million Sale of Greek Business to Generali August 14, 2020 By Jan-Henrik Förster and Sonia Sirletti AXA SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar...
Alibaba’s Ant Group Makes Preparatory Filing in China for Giant IPO August 14, 2020 By Kane Wu Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China’s securities...
Explainer: Assessing Liabilities from Massive Mauritius Oil Spill August 14, 2020 A Japanese bulk carrier struck a coral reef off the Indian Ocean island nation of Mauritius on July 25, spilling...
Marsh Promotes Leney to Risk Management Leader for Asia and Pacific Regions August 14, 2020 Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its...
Middle East Insurers Likely to Absorb Bulk of Losses from Beirut Port Blast: Sources August 14, 2020 By Jonathan Saul and Carolyn Cohn Insurers in the Middle East are expected to absorb a large part of the losses from Beirut’s explosion last week...
Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums August 14, 2020 By L.S. Howard A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as...
Not Every Insurtech Is a Startup: How Swiss Re Delivers Tech Solutions August 14, 2020 By L.S. Howard It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and...
Former Wirecard Executive Marsalek Placed on Interpol’s Most Wanted List August 13, 2020 By Karin Matussek Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of...
Analysis: Megacities Face Great Upheavals as They Seek to Cut Virus Transmission August 13, 2020 By John Kemp, Reuters Columnist Like all pandemics, COVID-19 is not an accidental or random event, Frank Snowden argues in his magisterial history “Epidemics and...
UK Suffers Worst Train Crash Since 2004 After Derailment Kills Three People August 13, 2020 By Alastair Reed and Christopher Jasper Britain suffered its worst train crash in more than 15 years after a derailment in Scotland killed three people, including...