EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance February 22, 2022 By Aoife White Hungary was ordered by the European Union to cancel its decision to block the sale of Dutch insurer’s Aegon NV’s...
People Moves: Insurtech BOXX Canada Hires Beazley’s Baker as President; Williams Takes Role of M.D., Hiscox Guernsey; AXA XL Names Wells U/W, Marine – UK & Lloyd’s February 22, 2022 This edition of International People Moves details appointments at insurtech BOXX Insurance, Hiscox and AXA XL. A summary of these...
3 in Louisiana’s Camp Minden Explosion Case Owe $140K to $34.8 Million Restitution February 22, 2022 By Janet McConnaughey Three of the men who pleaded guilty in connection with what a prosecutor called the nation’s worst dumping of explosives...
Chinese Authorities Tell Banks, State-Owned Firms to Report Exposure to Ma’s Ant Group February 22, 2022 By Bloomberg News Chinese authorities told the nation’s biggest state-owned firms and banks to start a fresh round of checks on their financial...
Popular Tulsa, Oklahoma Restaurant, Music Venue Burns February 22, 2022 A popular Tulsa barbecue restaurant that also served as a music venue has burned, fire officials said. BurnCo Barbecue was...
Bird Flu Found at Fourth Indiana Turkey Farm February 22, 2022 Avian influenza has been detected in a fourth commercial poultry flock in southern Indiana, state officials said Feb. 19. Laboratory...
Prospective Investors in Giant LIC IPO Worried About Gov’t Control of Insurer: Sources February 22, 2022 By Nupur Anand, Aftab Ahmed and Scott Murdoch Prospective investors in Life Insurance Corp. of India’s (LIC) $8 billion IPO are seeking assurances from company management that it...
Jury Sides With Dubuque, Iowa Firefighter in Harassment Lawsuit February 22, 2022 A Dubuque firefighter who sued the city for sexual harassment and gender discrimination has been awarded $575,000 in damages. Jami...
Allianz Fires 2 Asset Managers Who Ran Group of Collapsed Investment Funds February 22, 2022 By Tom Sims Allianz ALVG.DE has dismissed two asset managers who oversaw a group of investment funds that collapsed after racking up massive...
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’ February 22, 2022 By Huw Jones Britain will unlock “tens of billions of pounds” of insurance sector capital that should boost the economy through infrastructure investment,...