[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…
Tag: RINS1
Allianz renews CEO’s contract, as finance chief moves to Generali
[ad_1] The logo of Allianz is seen on a building in Paris, France, April 30, 2020. REUTERS/Charles Platiau/File Photo Acquire Licensing Rights CEO’s contract extended to 2028 Renewal had appeared…
Non-life insurers’ profits to see boost from higher rates, study shows
[ad_1] Sept 9 (Reuters) – Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a…
Insight: Coal miners forced to save for a rainy day by insurance snub
[ad_1] LONDON, Aug 31 (Reuters) – Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by…
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…
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…
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…