Britain’s Prince Charles joins insurance firms in climate push

[ad_1] [1/2] Britain’s Prince Charles tours FarmED, a new center for farm and food education in Oxfordshire, Britain, June 22, 2021. REUTERS/Toby Melville/Pool/File Photo LONDON, June 24 (Reuters) – Britain’s…

Sweden’s Handelsbanken to sell Finnish businesses for $1.4 billion

[ad_1] OSLO, May 31 (Reuters) – Sweden’s Handelsbanken (SHBa.ST) said on Wednesday it has agreed to sell parts of its Finnish operation to three local companies for about 1.3 billion…

Generali to buy Liberty Mutual’s Spanish Unit in $2.5 billion all-cash deal

[ad_1] ROME, June 15 (Reuters) – Generali (GASI.MI) will buy out the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros ($2.51 billion), in a move aimed at…

HSBC quashes Ping An-backed protest vote at annual meeting

[ad_1] BIRMINGHAM, England, May 5 (Reuters) – HSBC (HSBA.L) soundly defeated a bid to break-up the bank and spin-out its lucrative Asian business at its annual investor meeting in Birmingham…

Insurer AIG exceeds profit estimates on strong underwriting gains

[ad_1] May 4 (Reuters) – American International Group Inc (AIG.N) beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns.…

Generali agrees sale of German specialised pension unit to Fosun-backed company

[ad_1] MILAN, May 4 (Reuters) – Italy’s top insurer Generali (GASI.MI) said on Thursday it had agreed to sell its German specialised pension unit to Fosun-backed Frankfurter Leben as it…

Prudential Financial profit misses on lower assets under management

[ad_1] May 2 (Reuters) – Prudential Financial Inc (PRU.N) reported a lower-than-expected quarterly profit on Tuesday, as the life insurer saw a decline in assets under management. The respite in…

HSBC restores quarterly dividend, sets buyback as profit triples

[ad_1] HONG KONG, May 2 (Reuters) – HSBC Holdings (HSBA.L) reported on Tuesday a better than expected tripling of quarterly profit, as rising interest rates worldwide boosted the lender’s income…

Bank of England tells insurers to moderate their push into pensions

[ad_1] LONDON, April 27 (Reuters) – The Bank of England warned insurers on Thursday not over extend themselves in grabbing more business from pension schemes eager to offload risks. Charlotte…

Italy’s ICCREA awaits offers by end May for insurance business- sources

[ad_1] MILAN, April 26 (Reuters) – Italian unlisted cooperative banking group ICCREA is awaiting by the end of May offers for its insurance business which it values at up to…