As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Future of Russia’s Nord Stream 2 Pipeline Looks Increasingly Uncertain January 20, 2021 By Jeremy Hodges and Vanessa Dezem The future of Nord Stream 2 looks increasingly uncertain as the U.S. ramped up pressure on the project with new...
Zurich Insurance to Stop Insuring Russia’s Nord Stream 2 Project: Sources January 19, 2021 Zurich Insurance Group will drop out of Russia’s Nord Stream 2 project in the face of looming U.S. sanctions against...
U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream January 13, 2021 By Timothy Gardner and Daphne Psaledakis The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions January 13, 2021 Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2...
Pen Underwriting Extends Long-Term Partnership with Zurich to Provide Fleet Capacity January 7, 2021 Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Zurich and Farmers Agree to Buy MetLife’s U.S. P/C Business for $3.94 Billion December 11, 2020 Zurich Insurance and Farmers Exchanges have agreed to buy MetLife’s U.S. property and casualty business for $3.94 billion, the insurers...
Zurich Insurance in Talks to Acquire MetLife Unit for $4 Billion November 22, 2020 By David French Switzerland’s Zurich Insurance Group AG is in advanced talks to acquire MetLife Inc.’s U.S. property and casualty (P&C) car and...
Flexible Work Could Boost Applications from Women for Senior Roles by 20%: Zurich November 17, 2020 Employers that embrace flexible working after the COVID-19 pandemic could boost applications from women for top jobs by as much...