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Generali CEO Philippe Donnet targets big insurance deals in Europe

Generali CEO Philippe Donnet targets big insurance deals in Europe

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, International News, Non-Life

Philippe Donnet,Chief Executive Officer The current takeover planning is focused on Generali’s core European markets and is considering mainly share-based deals, rather than cash. Other targets on its radar include Aegon Ltd, Ageas SA, Baloise Holding AG, Ergo Group,...
European regulators crack down on Big Tech

European regulators crack down on Big Tech

by AIP Online Bureau | Mar 4, 2024 | International News, Policy, Regulation, Risk Management, Technology

The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. The law, called the Digital Markets Act, requires the biggest tech companies to overhaul how some of...

32 European major media groups sue Google for $2.3 bln

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

“The media companies involved have incurred losses due to a less competitive market, which is a direct result of Google’s misconduct,” a statement issued by their lawyers Geradin Partners and Stek said BRUSSELS: Alphabet’s Google was hit with a 2.1-billion-euro ($2.3...

European reinsurers’ renewals indicate peaking underwriting margins: Fitch

by AIP Online Bureau | Feb 29, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“We expect strong underwriting profitability to continue supporting the reinsurers’ ratings this year, with price levels and favourable terms and conditions adequately compensating for high claims inflation. Investment income will continue to bolster earnings as...
Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe

Indian diesel diverted to Asian markets as Houthis attacks impact flows to Europe

by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Tankers heading to Europe or the Atlantic Basin are being forced by the Houthi threat to go around South Africa’s Cape of Good Hope, increasing journey lengths and costs, or use the Suez Canal, “with the risks involved and extremely high war risk insurance Shipments...
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