by AIP Online Bureau | Apr 14, 2021 | Intermediaries, International News, Regulation
BRUSSELS: Insurance broker Aon’s offer to sell assets in five EU countries and takeover target Willis Towers Watson’s reinsurance arm may not be enough to address EU competition concerns, people familiar with the matter said on Tuesday. Aon is...
by AIP Online Bureau | Apr 14, 2021 | International News, Non-Life, Reinsurance
CAIRO: A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million compensation claim against the ship’s Japanese owner, one of the vessel’s insurers and canal sources said...
by AIP Online Bureau | Apr 14, 2021 | International News
MILAN: Italy’s biggest insurer Generali is in exclusive talks to buy assets in Malaysia belonging to French rival AXA in a deal worth around 300 million euros ($358 million), two sources said on Tuesday. The Italian insurer, which is already present in Malaysia,...
by AIP Online Bureau | Apr 14, 2021 | Eco/Invest/Demography, International News, Technology
Clearcover has raised $200 million in fresh capital as part of a late-stage financing round led by Eldridge, the investment firm helmed by Los Angeles Dodgers owner Todd Boehly, the digital car-insurance startup will announce on Tuesday. In a statement seen by...
by AIP Online Bureau | Apr 14, 2021 | Eco/Invest/Demography, Facts, Regulation, Risk Management, Technology
BERLIN: Germany's lead data protection regulator for Facebook said on Tuesday that it was taking action against the social network to prevent the collection of personal data from users of its WhatsApp messaging app. The regulator in the city-state of...
