Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources February 18, 2020 By Elffie Chew, Manuel Baigorri and Vinicy Chan Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses...
Axa Confirms Agreement to Sell Poland, Czech Republic and Slovakia Units to Uniqa February 10, 2020 Axa has confirmed earlier reporting that it has agreed to sell its its operations in Poland, Czech Republic and Slovakia...
Axa in Talks to Sell Eastern, Central European Business to Austria’s Uniqa February 5, 2020 By Jan-Henrik Förster and Eyk Henning Axa SA is in advanced talks to sell its central and eastern European operations to Austria’s Uniqa Insurance Group AG,...
Many Global Firms Face High Coronavirus Costs Due to Insurance Exclusions January 29, 2020 By Noor Zainab Hussain, Carolyn Cohn and Sumeet Chatterjee Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions...
AXA Reviews Potential Sale of Middle Eastern Operations: Sources January 24, 2020 By Jan-Henrik Förster and Dinesh Nair AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl...
Zurich Sees Hardening Rates, Improving Terms – in Market Not Seen Since 2002 January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
British Regulator Warns Insurance Industry to Stamp Out Bad Behavior – or Else January 8, 2020 Britain’s markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement? November 7, 2019 By Don Jergler Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies...
AXA to Sell Belgian Bank Unit to Crelan for $689.5M, Forms Bancassurance Deal October 25, 2019 AXA announced it has entered into an agreement to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank...
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain October 24, 2019 By Bloomberg News Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their...