[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…
Tag: RINS
UBS hit by old toxic debt costs ahead of ‘hard’ Credit Suisse task
[ad_1] Problem debt dates back 15 years to financial crash UBS expects to close C. Suisse deal by 2Q, possibly May CEO warns of ‘hard’ task of integrating Credit Suisse…
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…
Exclusive: German insurers renew cover for blast-damaged Nord Stream gas link
[ad_1] LONDON/FRANKFURT, April 4 (Reuters) – German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources with knowledge of the…
Switzerland cuts bonus payouts for top Credit Suisse management
[ad_1] BERLIN, April 5 (Reuters) – Switzerland has instructed Credit Suisse (CSGN.S) to cancel or reduce all outstanding bonus payments for the top three levels of management and examine whether…
UBS faces investors after shotgun Credit Suisse takeover
[ad_1] ZURICH, April 5 (Reuters) – UBS Group AG (UBSG.S) will on Wednesday seek to reassure shareholders that its unexpected takeover of rival Credit Suisse Group AG (CSGN.S) in the…
Credit Suisse chairman: ‘truly sorry’ for bank’s demise
[ad_1] ZURICH, April 4 (Reuters) – Credit Suisse’s chairman (CSGN.S) apologised for taking the Swiss bank to the brink of bankruptcy, as he faced shareholder fury over the demise of…
South African catastrophes, power woes signal end of cheap insurance
[ad_1] South Africa long considered a low-risk market Pandemic, riots, floods have battered country in recent years Prospect of a power grid failure is adding to risk Reinsurers, insurance companies…
Ermotti returns to UBS to steer Credit Suisse takeover
[ad_1] ZURICH, March 29 (Reuters) – UBS Group AG (UBSG.S) has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse (CSGN.S) – a surprise move…