Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and energy-related fears within the industry. Global warming is considered as the biggest risk to society in the next five to …
AXA announced that AXA Spain has entered into exclusive negotiations to acquire Groupe Assurances du Crédit Mutuel España (GACM España), a Spanish property/casualty and health insurer. Under the terms of the transaction, AXA will acquire GACM España from Groupe des …
A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a tool that employers can use to measure and improve the mental health of their workers. The assessment, known as the …
Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will position it as a top-tier general (or P/C) insurer in the country, in line with its strategy to strengthen its …
French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving up its stock price. AXA, Europe’s second-biggest insurer behind Germany’s Allianz, said it would buy back up to 1 billion …
Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over lockdown losses, battled the COVID-19 pandemic “day by day, venue by venue,” a London trial heard on Monday. Ben Lynch, …
Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed by Tikehau Capital, the three groups said on Wednesday. The companies each …
Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s third-largest bank, according to people with knowledge of the matter. The French bank is ready to compete with AXA SA …
AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about 1.5 billion euros ($1.6 billion), according to people with knowledge of the matter. AXA is considering a deal once Banco …
Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94 billion). The deal is …
