Strategy
Undaunted by Delta, Carriers and InsurTechs Proceed Cautiously With Hybrid Home/Office Work Plans
Delta may have damaged post-pandemic return-to-office plans for many industries. For insurers, it appears to be a different story. Large numbers of companies in many industries plotted a return to ...
Two Activist Investors Reportedly Take Stakes in Willis Towers Watson: WSJ
Activist investors Starboard Value LP and Elliott Management Corp have taken stakes in insurance broker Willis Towers Watson PLC, the Wall Street Journal reported on Thursday, citing people familiar ...
Allianz Transfers Legacy Life Portfolio to Resolution Re
Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a reserve volume of around 4 billion Swiss francs ($4.3 billion). Using quota ...
Britain’s Financial Sector Wants Relaxed Visa Requirements for Overseas Staff
Britain's financial sector has called on the government to ease visa requirements on overseas staff who want to work up to six months in the country to maintain global competitiveness. A Global ...
Pandemic Pressure: Clients Want Insurance Agents to Find New Ways to Protect Assets
Insurance agents are facing increased pressure from their clients to find new and broader ways to protect their assets through the ongoing pandemic, a Nationwide survey concludes. Clients want agents ...
Allianz Reportedly Explores Transferring Block of Swiss Life Insurance Assets as Probe Begins
Allianz SE is in advanced talks to transfer a block of Swiss life insurance assets to Resolution Life, people with knowledge of the matter said, a move that could free up regulatory capital as ...
Generali CEO Wins Board Backing Despite Opposition From Two Leading Shareholders
The board of Assicurazioni Generali on Monday threw its weight behind the reappointment of Chief Executive Philippe Donnet, overlooking opposition from two leading shareholders in Italy's top ...
Amazon Will Start Selling Cover for UK Businesses Via Broker
Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant's first foray into business insurance in the country, broker Superscript said on ...