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Insurance
HSBC shareholder Ping An to vote for bank's break-up at annual meeti...
April 17, 2023 11:25 PM AEST | By ReutersHONG KONG/LONDON (Reuters) - HSBC's biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on...
Swiss Re faces $6.3 million claim over sexism, unfair dismissal
March 30, 2023 04:55 AM AEDT | By ReutersBy Kirstin Ridley LONDON (Reuters) - A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is...
Lloyd's of London swings to 2022 pre-tax loss
March 23, 2023 06:07 PM AEDT | By ReutersFRANKFURT (Reuters) - Lloyd's of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on Thursday. The...
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...
Aviva keeps dividend, capital returns guidance after UK's December c...
January 25, 2023 06:32 PM AEDT | By ReutersLONDON (Reuters) - British insurer Aviva on Wednesday maintained its dividend guidance and capital returns outlook as it reported a positive end to tr...
Rates to stay flat for Ukraine grain cargo insurance-Ascot
December 23, 2022 01:31 AM AEDT | By ReutersLONDON (Reuters) - A cargo insurance facility providing cover for shipments via Ukraine's grain export corridor will continue next year with no rate i...
UK in talks with Turkey over oil tanker delays -Telegraph newspaper
December 08, 2022 02:40 AM AEDT | By ReutersLONDON (Reuters) -Western officials are in talks with Turkish counterparts to resolve an oil tanker queues off Turkey, a UK Treasury official said, af...
British life insurer Phoenix targets pensions as sets new cash goal
December 06, 2022 08:53 PM AEDT | By ReutersBy Carolyn Cohn LONDON (Reuters) - British life insurer Phoenix set a target to generate around 1.5 billion pounds ($1.83 billion) in long-term cash f...
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...
UK insurers face watchdog crackdown for undervaluing cars while sett...
December 02, 2022 09:34 PM AEDT | By ReutersLONDON (Reuters) - Britain's financial watchdog on Friday warned insurers against undervaluing cars and other items when customers submit a damage cla...
UK motor and home insurers headed for heavy losses, EY warns
November 25, 2022 11:12 AM AEDT | By Reuters(Reuters) - British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and low premium rates, accor...
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...
Zurich Insurance to move holding company from Ireland due to Brexit
November 18, 2022 05:00 AM AEDT | By ReutersLONDON, Nov 17 (Reuters) - Zurich Insurance plans to shift its European Economic Area holding company to Germany from Ireland following Britain's depa...
Britain to help insurers boost investment in economy
November 17, 2022 11:48 PM AEDT | By ReutersBy Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make it the world's most competitive fina...
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...
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