Insurers heavily exposed to climate change, global watchdog says

[ad_1] LONDON, Dec 6 (Reuters) – Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of…

German stocks – Factors to watch on April 6

[ad_1] BERLIN/FRANKFURT, April 6(Reuters) – The following are some of the factors that may move German stocks on Monday: CORONAVIRUS Germany’s confirmed coronavirus infections rose by 3,677 in the past…

Commerzbank CEO strikes deal with workers for 10,000 job cuts

[ad_1] A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski/File Photo Acquire Licensing Rights Paves way for 10,000 job cuts…

Blackstone to raise $400 million to boost credit fund’s lending power – FT

[ad_1] FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo Acquire Licensing Rights Nov 16 (Reuters) –…

Allianz keeps outlook despite 30% slump in Q3 profit

[ad_1] The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May…

Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

[ad_1] Company logo of Ping An Insurance Group is shown at a news conference following the company’s announcement of its annual results in Hong Kong, China March 16, 2016. REUTERS/Bobby…

Aon third-quarter profit beats on growth in commercial risk solutions unit

[ad_1] An office building with Aon logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. Picture…

Aon joins UK pensions ‘compact’ for unlisted company investments

[ad_1] LONDON, Oct 25 (Reuters) – Insurance broker Aon said on Wednesday it will join the “Mansion House Compact” of companies committed to channelling more money from their direct contribution…

Cadence Bank to sell insurance business to Arthur J Gallagher for $904 mln

[ad_1] Oct 24 (Reuters) – Cadence Bank (CADE.N) will sell its insurance brokerage unit to Arthur J Gallagher (AJG.N) for $904 million to narrow its focus and redeploy capital to…

Brown & Brown’s profit rises on commissions, fee growth

[ad_1] Oct 23 (Reuters) – Brown & Brown (BRO.N) on Monday reported a near 9% rise in third-quarter profit as the insurance brokerage earned more commissions and fees, sending its…