Global Economy
Allianz, Munich Re Link With Google to Insure Its Cloud Users
Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its ...
Aviva Plans to Become Net Zero Carbon Emissions Company by 2040
British insurer Aviva plans to become a net zero carbon emissions company by 2040, it said on Monday, claiming this was the most demanding target set by any major insurer worldwide. Following the ...
Aviva Reportedly Extends Bid Deadline for Polish Operations Over Santander Contract
Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key ...
Chubb, AXA Among 15 Insurers Ceasing Business With Nord Stream 2 Pipeline to Avoid Sanctions
Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia's Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration ...
Shareholders Push Companies to Tackle Climate Change Shortfalls
In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the ...
Generali Unveils $4.3B Plan to Support COVID-Hit Euro Economies
Italy's top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, ...
100M Workers Need Retraining For New Post-Pandemic Careers: McKinsey
Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labor markets reshaped by the pandemic and the remote working revolution, a report by ...
Executives On The Move at Zurich and The Standard
Zurich Insurance appointed one executive to run its Nordic business and expanded his management facility. He replaces another executive who will take on a new leadership role. The Standard promoted ...