Showing 30 results for 'Insurance market'
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French insurer AXA has said it plans to stop investing in the tobacco industry with incoming Chief Executive Thomas Buberl saying: "The human cost of tobacco is tragic; its economic cost is huge."
Shares of Italian insurance company Generali fell on Friday, even though it posted a 22 percent increase in full-year net profit.
Purchase of 'Cancel For Any Reason' polices for trips to Zika-impacted areas has surged according to US insurance company RoamRight.
A study by the world’s second biggest reinsurer Swiss Re has shown total economic losses from natural catastrophes and man-made disasters was 37
Mutual recognition of driving licenses and validity of insurance across borders in Europe is a long-established principle within the EU. But it
Supporters of America’s controversial health law dubbed Obamacare are celebrating their latest victory in the Supreme Court. Judges threw out a
The Germanwings crash is going to cost the insurance companies a pretty penny. Parent company Lufthansa is already liable to pay the families of each
UK insurance giant Aviva has agreed the terms of its six billion euro takeover of rival insurer Friends Life. The move will create the UK’s
Insurers Aviva and Friends Life have agreed terms for a possible all-share merger, with Aviva offering Friends shareholders a 15% premium for a 26%
Airline insurers could be set to hike their premiums for aircraft which are involved in hostile acts as the industry faces its most expensive year
Josef Ackermann has resigned as chairman of Zurich Insurance over the apparent suicide of its chief financial officer, Pierre Wauthier. Ackermann –
Dutch financial group ING’s suffered a 39 percent drop in quarterly net profit at 788 million euros. It was hit by a 98 million euro loss from its
German insurance company Allianz faces a big bill for compensation payments following the deadly train crash in northern Spain – that includes death
Chinese insurer Ping An has bought the landmark London home of insurance market Lloyds of London for the equivalent of 300 million euros. It was
Aviva has confirmed it will cut as many as 2,000 jobs worldwide over the next six months – six percent of its workforce. It is the latest cost
Britain’s largest insurance company, Prudential, has been fined the equivalent of 35 million euros over its failed attempt to buy Asian rival
Britain’s biggest high-street bank Lloyds says it has set aside the equivalent of another 1.75 billion euros to compensate customers who were wrongly
Italy’s biggest insurer Generali has ended the uncertainty over its strategy in Eastern Europe. It has decided to take full control of GPH, the
HSBC is selling its stake in China’s Ping An Insurance for 7.2 billion euros. The buyer is CP group, a conglomerate controlled by Thailand’s
The European Commission has agreed to make the separation of ING’s banking and insurance activities a little easier. The Dutch group has been given
Dutch bank and insurer ING is likely to sell its Asian insurance division in several separate deals to get the best price. Reportedly the offers
The Lloyd’s of London insurance market has reduced its exposure “as much as possible” to the eurozone in case the bloc’s currency collapses. That
Aviva, Britain’s second biggest insurance company, is the latest to be shaken up by the so-called Shareholder Spring. Andrew Moss, its chief
HSBC is selling its insurance businesses to France’s AXA and Australia’s QBE. The price is the equivalent of 696 million euros in cash. It is the
France’s national health insurance agency says it is to sue the boss of breast implant maker PIP, Jean-Claude Mas. The French health minister says
Lloyd’s of London’s profits have been swallowed up and washed away by an unprecedented series of natural disasters. The insurance market’s
For the insurance industry this year has already been the most expensive for natural disasters in the history of the world, mostly because of the
The latest estimate has put the bill for the damage in the UK at 100 million pounds – that is 113 million euros. Insurers face paying out a fortune
It’s been revealed that the police in Britain are profiting from car accidents by openly charging garages and breakdown companies in exchange for
British insurer Aviva is selling its RAC roadside rescue business to the private equity firm Carlyle Group for the equivalent of 1.12 billion euros