China’s Ping An Profit Drops 24% as Pandemic Deals Blow to Business May 3, 2022 By Bloomberg News Ping An Insurance (Group) Co., China’s largest insurer by market value, said profit fell 24% and warned that outbreaks of...
Global Shipping Industry Pushes to Rescue Seafarers Trapped in Ukraine May 2, 2022 By Jonathan Saul Just under 500 seafarers remain stuck onboard 109 ships at Ukrainian ports – skeleton crews who were left on board...
Howden, Munich Re and Skyline Develop Parametric Cover for Jamaica Farmers May 2, 2022 Howden, the London-based insurance broker, has worked with Munich Re and Skyline Partners to develop a product that protects the...
Intact Financial Corp. and Tryg Complete Sale of Codan Denmark to Alm. Brand May 2, 2022 Intact Financial Corp. and Tryg A/S have completed the sale of Codan Forsikring A/S’ Danish business to Alm. Brand A/S,...
Brown & Brown Agrees to Acquire Dublin’s Quinlan Insurance May 2, 2022 Brown & Brown Inc. announced it has entered an agreement to acquire the general insurance operations of Quinlan Insurance. Financial...
Musk-Owned Twitter Will Have to Follow EU’s Rules: Commissioner May 2, 2022 By Jillian Deutsch and Maria Tadeo A top EU official doesn’t expect to have a problem with Elon Musk, who is pursuing a free-speech agenda in...
EY Sued in UK for Alleged Negligence in Audits of Troubled Hospital Operator, NMC May 2, 2022 The administrators of NMC Health PLC have filed a lawsuit against EY in the United Kingdom for alleged negligence on...
Pro-Russian Hacking Group Attacks Romanian Websites May 2, 2022 By Andra Timu Romanian government websites and other institutions were the target of a cyber attack Friday morning that the nation’s intelligence agency...
SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams April 29, 2022 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures...
Generali’s CEO Survives Leadership Challenge, but Rebels Take Board Seats April 29, 2022 By Valentina Za and Gianluca Semeraro Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday, surviving a challenge from rebel domestic...