Coupled with the more than half a million Americans who have died from Covid-19, the drop in births will have long-term consequences for the population growth.

UK financial sector urges caution over any ‘work from home’ law

Jun 22, 2021

“This is going to evolve, clearly, and that’s why legislation would be inappropriate,” Bruce Carnegie-Brown, chairman of the Lloyd’s of London insurance market, told City & Financial’s City Week event.

“We have to allow different sectors of the economy to adapt in different ways to address this opportunity, frankly, for a more mixed economy of remote and physical work. The return to the office should be treated carefully so those working from home did not feel excluded.” Carnegie-Brown said

Italy’s Generali agrees to buy Axa’s insurance assets in Malaysia

Jun 22, 2021

Italy’s top insurer will buy the majority stakes that France’s Axa holds in two local joint-ventures with Malaysia’s Affin Bank, Generali said in a statement.The total consideration for the combined deals is around 262 million euros ($312 million), Generali said.

CFC Syndicate 1988 opens for trading

Jun 22, 2021

Unlike traditional syndicates, Syndicate 1988 will be futuristic – it will not have a box at Lloyd’s and through the application of technology will be operated with a lower level of resources than traditional syndicates. Matt Taylor, of CFC, is the Active Underwriter.

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