Emerging Markets
AXA Mulls Sale of Singapore Business
AXA SA is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter. The French insurer is working with an ...
Australia Commits $1.2B to Private Sector Cybersecurity After Attacks Spike
Australia will spend A$1.66 billion ($1.19 billion) over the next 10 years to strengthen the cyber defenses of companies and households after a rise in cyber attacks, Prime Minister Scott Morrison ...
Chubb CEO Greenberg Laments U.S. Govt. Covid-19 Setbacks, Promotes Diversity Initiatives
Chubb's employees have begun to return to their offices in many countries around the world as governments have brought the coronavirus pandemic under control. That's been a problem in the United ...
South African Insurers Acquiesce to Demands for Pandemic Business Interruption Cover
South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation's lockdown. Momentum Metropolitan Holdings Ltd.'s Guardrisk will make settlement ...
China Pledges More Insurance Protection, Lending Support for Flood-Hit Areas
China's banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for areas that suffered from recent floods. The China ...
Rather Than Gamble, ITC Shifts From Vegas to the Digital World
A surge in COVID-19 cases is forcing InsureTech Connect – one of the world's largest insurance technology conferences – to go fully digital for its annual fall gathering. ITC has scheduled ITC ...
The UK’s Legal & General Wants Government to Lower Emissions From British Buildings
Legal & General called on Friday for the British government to introduce tighter building regulations to reduce carbon emissions in order to reach its net zero target by 2050. Britain said this ...
Torrential Rain, Thunderstorms Batter Parts of China, Creating Flood Risks
The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on Monday as torrential rain and thunderstorms battered swathes of the country, including ...