by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Life, Non-Life
MILAN: Italy’s top insurer Generali on Wednesday said it is aiming to become a top player in asset management after confirming its 2021 financial targets despite the pandemic. At an investor day on Wednesday, the insurer said asset management allowed it to...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management
Cape Town: A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening up the industry to cover losses suffered because of the coronavirus pandemic. The court agreed with the...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
London: Insurance broker Aon plc has launched an Asia Pacific Capital Advisory unit within Reinsurance Solutions to deliver a holistic approach to capital optimization for re/insurers. The initiative follows Aon’s launch of similar Capital Advisory units...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
LONDON: Canada's Intact Financial IFC.TO and Denmark's Tryg TRYG.CO on Wednesday said they had reached an agreement to buy British insurance group RSA RSA.L for 7.2 billion pounds ($9.6 billion) in cash in one of Europe's biggest financial takeovers this...
by AIP Online Bureau | Nov 19, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had previously estimated, its Chairman Bruce Carnegie-Brown said on Wednesday.Carnegie-Brown told the Reuters Events Future of...
