International
Insurers Sanlam and Allianz Exploring Strategic Options for Africa Businesses
JOHANNESBURG — African insurer Sanlam Ltd. said on Wednesday it was exploring "strategic alternatives" with Germany's Allianz SE for their respective African businesses, excluding Sanlam's home ...
Social Media a Key Driver of Political Risk in Emerging Markets: WTW
New technology such as social media has become a key driver of political risk in emerging markets, according to Willis Towers Watson's Political Risk Index Winter Update. The report notes that ...
FWD Group Cancels U.S. IPO Plan, Pivots to Hong Kong Instead
FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China tightens its grip on overseas listings. The company said in a filing ...
Financial Council Warns Climate Change, Stablecoins Are Systemic Risks
Climate change, the rapid growth of "stablecoins" and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats to the U.S. financial system that merit ...
Canada’s Co-operators General, Sovereign General Earn AM Best Ratings Upgrades
Ratings agency AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to "a" (Excellent) from "a-" (Excellent) of Co-operators ...
Zurich Will Acquire AlphaChat, an Estonia-Based Conversational AI Company
Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the ...
Swiss Re Reorganizes Group Operations; Names Ladva as Group CTO
Swiss Re is appointing Pravina Ladva as group chief digital & technology officer and member of the group executive committee, effective Jan. 1, 2022. Group Chief Operating Officer Anette Bronder ...
Executives On The Move at AIG, Zurich and CLARA Analytics
AIG hired a new Global Head of Strategy and Environmental, Social and Corporate Governance (ESG). Zurich North America picked a new Head of Sustainability Underwriting. CLARA Analytics hired a new ...