International
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm
Denmark's Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar ...
Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report
There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. ...
Beazley Partners With InsurTech Gaia to Offer Coverage for IVF Treatment
Lloyd's insurer Beazley is partnering with InsurTech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment. The health-focused InsurTech has been working ...
More Airlines Avoiding Ukraine Airspace Amid Insurance Issues
More airlines are likely to avoid Ukraine's airspace amid insurance issues and a decision by leading European carriers to stop overflights after a U.S. warning that Russia could invade at any time, a ...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7B
Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the ...
Experts to Visit Fukushima Plant to Check Water Release Plan
A team of experts from the International Atomic Energy Agency will visit Japan's wrecked Fukushima nuclear power plant next week to review plans to begin releasing more than a million tons of treated ...
Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh
Global commercial insurance prices increased 13 percent in the fourth quarter of 2021, a decline from the 15 percent increases seen in both the second and third quarters, according to Marsh's latest ...
Greenlight Re Innovations Gets Approval to Launch Lloyd’s Syndicate
Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received "in-principle" approval from Lloyd's to establish an InsurTech-focused syndicate. ...