International
Chubb’s Q4 Net Income Jumped Partially From Commercial P/C Rate Hikes
Two key words for Chubb's 2020 fourth quarter turned out to be "significantly higher." Chubb's net income grew significantly higher, as did its net premiums written, which expanded by double digits ...
Climate Change Forcing Ocean Levels to Rise More Quickly Than Anticipated
Climate change is causing oceans to rise quicker than scientists' most pessimistic forecasts, resulting in earlier flood risks to coastal economies already struggling to adapt. The revised estimates ...
Investor Wants Finland’s Sampo to Focus on Insurance, Sell Nordea Stake
Finnish financial group Sampo should sell its 4.3 billion euro ($5.2 billion) holding in lender Nordea this year and focus on its insurance operations, Elliott Advisors said on Tuesday. The activist ...
Aviva Investors Might Ditch Holdings in Biggest Carbon Emitters Over Climate Inaction
Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world's biggest corporate emitters of carbon if their boards failed to take sufficient action over climate ...
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 ...
Executives On The Move at AXIS Re and Coalition
AXIS Re appointed a new head of AXIS Re's Reinsurance Products division. Coalition has appointed five new production underwriters to help grow and serve the company's middle market ...
Top 2021 Risks Look Much Like 2020: Pandemic Fallout and Cyber Attacks
There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance. A trio of ...
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 ...