Insurance

Stop insuring carbon projects 'immediately', NGOs tell CEOs
March 28, 2023 03:23 PM AEDT | By ReutersBy Tom Sims and Simon Jessop FRANKFURT/LONDON (Reuters) - A group of climate activists has called on 30 insurance company CEOs to "immediately" stop u...

Scratched EV battery? Your insurer may have to junk the whole car
March 20, 2023 04:13 PM AEDT | By ReutersBy Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) - For many electric vehicles, there is no way to repair or assess even slight...

Monte dei Paschi investor CariFirenze doesn't plan to sell stake
March 04, 2023 12:23 AM AEDT | By ReutersFLORENCE, Italy (Reuters) - A local banking foundation that invested in Monte dei Paschi's new share issue last year said on Friday it had no plans to...

AXA lifts 2023 targets as full-year earnings miss expectations
February 23, 2023 05:26 PM AEDT | By ReutersPARIS (Reuters) - French insurer AXA posted lower-than-expected full-year earnings on Thursday as the rise in interest rates weighed on the valuation...

U.S. signs up over 16 million people for Obamacare health insurance
January 26, 2023 02:53 AM AEDT | By ReutersBy Ahmed Aboulenein WASHINGTON (Reuters) - More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% o...

Gulf investors bid for India's Adani Enterprises' $2.5 billion FPO -...
January 25, 2023 06:48 PM AEDT | By ReutersBENGALURU (Reuters) - Gulf investors International Holding Co PJSC and sovereign fund Abu Dhabi Investment Authority are among the bidders for Indian...

Irish Central Bank fines subsidiary of France's AXA over breaches
December 10, 2022 12:08 AM AEDT | By ReutersDUBLIN (Reuters) - The Irish Central Bank has fined a subsidiary of French insurer AXA 3.6 million euros ($3.8 million) for failures in corporate gove...

Generali completes share buyback of 500 million euros
December 06, 2022 02:03 AM AEDT | By ReutersMILAN (Reuters) - Italy's top insurer Assicurazioni Generali said on Monday it had repurchased 500 million euros ($528 million) worth of its shares, c...

Italy's Banco BPM picks Credit Agricole for non-life insurance talks
November 30, 2022 06:28 AM AEDT | By ReutersMILAN (Reuters) - Banco BPM has picked its top investor Credit Agricole to start exclusive talks over a non-life insurance partnership, Italy's third-...

QBE warns of $100m catastrophe blowout
November 21, 2022 01:16 PM AEDT | By AAPNEWS<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...

Factbox-COP27: Counting the rising cost of climate disasters
November 16, 2022 10:16 PM AEDT | By Reuters(Reuters) - Climate change has raised the cost of natural disasters, as rising sea levels and drought increase the frequency and severity of flooding...

French insurer Axa posts a 2% rise in nine-month revenue
November 03, 2022 03:47 AM AEDT | By ReutersPARIS, Nov 2 (Reuters) - Axa on Wednesday said its revenue in the first nine months of the year increased by 2% and estimated it would have to pay out...
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