London Retains Status as Top Global Financial Services Center, Despite Brexit Chaos October 15, 2019 By Andrew MacAskill, Sinead Cruise and Huw Jones From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the...
Insurers to Offer up to $5B in Capacity to Hike Developing Nations’ Climate Resilience September 25, 2019 By Katherine Chiglinsky Insurers are partnering with the United Nations and other public groups to help the poorest countries bounce back from natural...
AXA Liabilities Managers Buys Non-Life Legacy Portfolio of Munich Re Malaysia September 20, 2019 AXA Liabilities Managers announced it has completed the acquisition of the non-life legacy portfolio of Munich Re Malaysia (a branch...
AXA, Affin Bank Weigh Possible Sale of Malaysian Insurance Business September 6, 2019 By Elffie Chew and Manuel Baigorri French insurer AXA SA and Affin Bank Bhd. are exploring options including a potential sale of their life and general...
Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles August 23, 2019 By Michael Shields Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine...
Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline August 8, 2019 By Valerie Volcovici A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S. August 1, 2019 By Will Hadfield and Andrew Blackman AXA SA’s shift away from life insurance yielded growing volumes and improved profitability as a restructuring move hit the bottom...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
AXA Appoints Guidée from Goldman Sachs as Group Chief Risk Officer July 12, 2019 AXA announced the appointment of Renaud Guidée as group chief risk officer. Currently managing director at Goldman Sachs in France,...