Emerging Markets
Brazil Group Sues Norwegian Aluminum Producer Over Alleged Toxic Waste Pollution
Some 40,000 Brazilians are bringing a group-action lawsuit against Norwegian aluminum producer Norsk Hydro for what they say is toxic waste pollution the company is causing in northern Brazil. The ...
China’s Ping An Insurance Reports First Annual Profit Drop Since 2008
Ping An Insurance Group Co of China Ltd , China's largest insurer by market value, on Wednesday reported its first annual fall in profit since 2008, as COVID shutdowns hampered business growth. The ...
India’s Insurers Poised to Attract Western Investment After Rule Changes
The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country's insurance industry, a move that could attract inflows from U.S. and European ...
Allianz Wins China Approval to Launch Insurance Asset Management Firm
Allianz said on Thursday it had obtained regulatory approval to set up China's first wholly foreign-owned insurance asset management company, as the German insurer steps up expansion in the world's ...
South African Insurer Santam to Begin Processing 4,000 COVID Business Interruption Claims
South African insurer Santam Ltd said on Monday it will start processing business interruption claims for all commercial policies that were affected by a coronavirus-led lockdown in April beyond ...
Aon CEO Case Recognized for Advancing LGBTQ Equality
Aon CEO Greg Case has been recognized for advancing the equality of LGBTQ+ employees and individuals. Specifically, Case was named the No. 1 ally on the INvolve OUTstanding LGBT+ Ally Executives list ...
European Companies Will Seek Insurance, Healthcare and Other Assets in China
European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's second-largest economy and the European Union agreed to an ...
World Bank Working With 100-Plus Countries to Resolve COVID Vaccine Legal Hurdles
The World Bank is working closely with over 100 countries to pave the way for them to receive low-interest loans and funding to purchase and distribute COVID-19 vaccines, World Bank Group President ...