Allianz, which first entered the Polish market in 1997, ranks as Europe’s biggest insurer and while it has no plans to grow its life insurance operations, it sees the deal as a springboard to further expand across lucrative central and eastern European markets, sources told Reuters.
Aviva’s boss Amanda Blanc has been selling assets at pace to focus on the life and general insurer’s core businesses of Britain, Canada and Ireland. Aviva also has joint ventures in China and India.

Australians assess flood damage, accelerate clean-up

Mar 26, 2021

The Insurance Council of Australia, the main industry body, said more than 25,600 insurance claims worth about A$385 million($293.1 million) had been lodged by Friday and it expects more to be filed.

Software vendors would have to disclose breaches to U.S. govt users under new draft order: Report

Mar 26, 2021

The proposed order would adopt measures long sought by security experts, including requiring multi-factor authentication and encryption of data inside federal agencies.

The order would impose additional rules on programs deemed critical, such as requiring a “software bill of materials” that spells out what is inside. An increasing amount of software activates other programs, expanding the risk of hidden vulnerabilities.

Canada votes to collect data to document ‘environmental racism’

Mar 26, 2021

“For too long, people just didn’t realize that some people were being exposed to more toxins than others simply because of the color of their skin,” said Lenore Zann, a Liberal Party parliamentarian from Nova Scotia and the Canadian bill’s sponsor. “It’s time that we address that and change our behavior as a society,” she said

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