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…

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…

Exclusive: Zurich Insurance eyes $400 million stake in general insurance arm of India’s Kotak

[ad_1] [1/2] Uday Kotak, Managing Director of Kotak Mahindra Bank poses for a picture at the company’s corporate office in Mumbai January 15, 2015. REUTERS/Danish Siddiqui /FILE PHOTO Zurich Insurance,…

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…

EXCLUSIVE Aon’s $30 bln Willis deal set to win EU approval – sources

[ad_1] BRUSSELS, April 28 (Reuters) – Aon (AON.N) is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson (WLTW.O), people familiar with the…

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…

EU regulators set out ideas to plug climate ‘insurance gap’

[ad_1] LONDON, April 24 (Reuters) – Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate change, a discussion paper…

EXCLUSIVE Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline -U.S.

[ad_1] WASHINGTON, Feb 24 (Reuters) – Baker Hughes Co (BKR.N) and AXA Group (AXAF.PA) and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and…

Gazprom holds back exports via Ukraine, pressing case for Nord Stream 2 -analysts

[ad_1] MOSCOW, July 2 (Reuters) – Kremlin-controlled gas giant Gazprom (GAZP.MM) has held off from booking additional capacity for gas supplies via Ukraine to meet surging demand in recent months,…