While a potential deal would be the largest in the P&C space since Chubb was created by ACE Ltd’s $28.5 billion purchase of Chubb in January 2016, this part of insurance has seen a steady flow of smaller acquisitions.Transactions such as MetLife Inc selling its car and home insurance business to Farmers Group, part of Zurich Insurance Group AG, reflect how those with smaller operations are exiting the sector in the face of fierce competition.

Saudi: Drones attack Riyadh oil facility, no supply disruption reported

Mar 20, 2021

Details about Friday’s attack remained slim, and authorities did not name the facility. Saudi Arabian Oil Co., the kingdom’s oil giant, operates a refinery just southeast of Riyadh that produces gasoline, diesel, jet fuel and other products for consumption around the capital.

Satellite images from Planet Labs Inc., analysed by The Associated Press, showed no immediately visible damage at the Riyadh refinery.

India, Bangladesh to expand cooperation in river pollution mitigation, flood management

Mar 20, 2021

Noting that India and Bangladesh share 54 common rivers which directly impact the livelihood of people in the two countries, both sides commended the close cooperation that exists between them in the matter.
Discussions also took place to further cooperation in the area of flood forecasting, they added.

AstraZeneca counters Indonesian Muslim concerns over COVID-19 vaccine

Mar 20, 2021

AstraZeneca Indonesia spokesman Rizman Abudaeri said in a statement: “At all stages of the production process, this virus vector vaccine does not use nor come in contact with pork-derived products or other animal products.”

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