Insurance
Latest
Poste Italiane Launches €10.8 Billion Takeover Bid for TIM
State-controlled postal and financial services giant Poste Italiane announced on Sunday a €10.8 billion cash and share bid to take over Italian telecommunications group TIM. Already the largest shareholder in…
EU agrees to ease capital rules for insurers to boost investment
By Huw Jones LONDON, Dec 14 (Reuters) - The European Union agreed a deal on Wednesday to ease its capital rules for…
Rising war risks prompt property insurers to rethink cover
By Carolyn Cohn and Noor Zainab Hussain LONDON, (Reuters) - Insurers grappling with the rising risk of physical attacks on businesses due…
Insurers heavily exposed to climate change, global watchdog says
LONDON, from their alternative investments in reinsurance, the International Association of Insurance Supervisors said in a report this week. Insurers continue to…
Insurers review Middle East events coverage after cancellations
By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) - Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from…
PB Group acquires 100% of the Thomas Smith insurance and logistics businesses
This acquisition marks a very important milestone for PB Group's vision to realise sustainable growth and increasingly become a key contributor to…
Stop insuring carbon projects ‘immediately’, NGOs tell CEOs
A group of climate activists has called on 30 insurance company CEOs to "immediately" stop underwriting new fossil fuel projects in the…
UK motor insurance costs jumped 8% in fourth quarter of 2022 – ABI
LONDON, Feb 3 (Reuters) - British households saw their motor insurance bills rise by 8% on average over the last three months…
Activists aggravate art insurers’ climate headache
By Carolyn Cohn, Noor Zainab Hussain and Barbara Lewis LONDON, Nov 25 (Reuters) - Climate activists' attacks on some of the world's…
Global reinsurers see inflation, war driving higher rates
BERLIN/LONDON, Sept 12 (Reuters) - Global geopolitical tensions, high inflation and climate change have heightened demand for risk protection and will lead…