French Insurer AXA Plans to Cut Dividend by 50% on COVID-19 Impact June 3, 2020 French insurer AXA plans to cut its dividend to 0.73 euros per share from a planned payout of 1.43 euros,...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources May 28, 2020 By Jan-Henrik Förster and Sonia Sirletti Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner...
EU Urged to Create Insurance Catastrophe Backstop for Pandemics, Huge Cyber Attacks May 26, 2020 A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the...
Update: AXA to Pay Business Interruption Claims to Restaurants After Court Ruling May 26, 2020 By Maya Nikolaeva and Sudip Kar-Gupta A Paris court ruled last week that AXA should pay a restaurant owner two months of revenue losses caused by...
French Court Orders AXA to Pay Restaurant’s COVID-19 Business Interruption Losses; AXA Vows to Appeal May 22, 2020 By Elizabeth Pineau and Maya Nikolaeva A Paris court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the...
AXA’s Wattez-Richard Receives 1st Geneva Association Women-in-Insurance Award May 15, 2020 The first annual Geneva Association Women in Insurance Award has been presented to Garance Wattez-Richard, CEO of AXA Emerging Customers,...
AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor May 15, 2020 AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s...
UK Regulator Seeks Court Review in July to Resolve COVID-19 Insurance Dispute May 8, 2020 By Carolyn Cohn and Kirstin Ridley Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July,...
Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...
Top Insurers Face Lawsuit from UK Hospitality Sector on Rejected Biz Interruption Claims April 30, 2020 By Kirstin Ridley and Carolyn Cohn Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and...