Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’ March 28, 2023 A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects...
AXA Sells Stake in Monte dei Paschi After Providing Cash Call Support February 28, 2023 AXA said on Monday it was selling virtually all of the 8% stake in Monte dei Paschi di Siena acquired...
Fund Managers Frustrated Over Confusing ESG Regulations December 20, 2022 By Greg Ritchie, Steven Arons and Natasha White After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge...
Biodiversity Emerges as New Risk for Asset Managers After UN Summit December 20, 2022 By Alastair Marsh Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in...
Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...
AXA to Acquire Spanish P/C Insurer GACM España for €310M October 18, 2022 AXA announced that AXA Spain has entered into exclusive negotiations to acquire Groupe Assurances du Crédit Mutuel España (GACM España),...
Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon) October 4, 2022 By Matthew Boyle A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses August 30, 2022 Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will...
French Insurer AXA Posts 3% Rise in H1 Net Profit August 3, 2022 By Matthieu Protard French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving...