Insurance


 Swiss Re faces $6.3 million claim over sexism, unfair dismissal

Swiss Re faces $6.3 million claim over sexism, unfair dismissal

March 30, 2023 04:55 AM AEDT | By Reuters

By Kirstin Ridley LONDON (Reuters) - A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is...

 Stop insuring carbon projects 'immediately', NGOs tell CEOs

Stop insuring carbon projects 'immediately', NGOs tell CEOs

March 28, 2023 03:23 PM AEDT | By Reuters

By Tom Sims and Simon Jessop FRANKFURT/LONDON (Reuters) - A group of climate activists has called on 30 insurance company CEOs to "immediately" stop u...

 Pacific Western Bank explored capital raise, says deposits have stabilized

Pacific Western Bank explored capital raise, says deposits have stab...

March 23, 2023 12:27 AM AEDT | By Reuters

(Reuters) - Pacific Western Bank said on Wednesday its deposits have stabilized and it had more than $11.4 billion in cash as of March 20, although it...

 Scratched EV battery? Your insurer may have to junk the whole car

Scratched EV battery? Your insurer may have to junk the whole car

March 20, 2023 04:13 PM AEDT | By Reuters

By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) - For many electric vehicles, there is no way to repair or assess even slight...

 Generali provides dividend cheer, no exposure to SVB

Generali provides dividend cheer, no exposure to SVB

March 14, 2023 07:44 PM AEDT | By Reuters

By Gianluca Semeraro MILAN (Reuters) - Italy's Assicurazioni Generali surprised investors on Tuesday by hiking the dividend payout on its 2022 results...

 Aircraft lessors, insurers jostle in UK court over stranded jets in Russia

Aircraft lessors, insurers jostle in UK court over stranded jets in...

March 14, 2023 02:22 AM AEDT | By Reuters

By Kirstin Ridley and Sam Tobin LONDON (Reuters) - AerCap, the world's biggest aircraft lessor, said on Monday it was inconceivable that it would not...

 U.S. govt proposes expanding Obamacare coverage for birth control

U.S. govt proposes expanding Obamacare coverage for birth control

January 31, 2023 05:06 AM AEDT | By Reuters

(Reuters) - The U.S. government on Monday proposed a new rule to expand coverage of the Obamacare health insurance plans for all women who need or wan...

 Paxlovid sales forecasts may change with Pfizer view on China

Paxlovid sales forecasts may change with Pfizer view on China

January 30, 2023 11:39 PM AEDT | By Reuters

By Manas Mishra and Michael Erman (Reuters) - Clarity from Pfizer Inc this week on whether China's relaxation of its Zero-COVID policy and the surge i...

 U.S. signs up over 16 million people for Obamacare health insurance

U.S. signs up over 16 million people for Obamacare health insurance

January 26, 2023 02:53 AM AEDT | By Reuters

By Ahmed Aboulenein WASHINGTON (Reuters) - More than 16 million Americans signed up for Obamacare health insurance for 2023, a jump of more than 12% o...

 Natural disasters caused $313 billion economic loss in 2022 - Aon

Natural disasters caused $313 billion economic loss in 2022 - Aon

January 25, 2023 08:38 PM AEDT | By Reuters

(Reuters) - Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on...

 Insurer Travelers profit falls on winter storm costs

Insurer Travelers profit falls on winter storm costs

January 24, 2023 11:08 PM AEDT | By Reuters

(Reuters) - Property and casualty insurer Travelers Companies Inc reported a 37% fall in quarterly profit on Tuesday, hurt by losses related to a wint...

 Canadian insurer Sun Life inks $193 million deal with HK's Dah Sing

Canadian insurer Sun Life inks $193 million deal with HK's Dah Sing

January 21, 2023 12:30 AM AEDT | By Reuters

(Reuters) - A unit of Canadian insurer Sun Life Financial Inc has partnered with Hong Kong-based Dah Sing Bank in a deal valued at nearly C$260 millio...

 Hurricanes and floods bring $120 billion in insurance losses in 2022

Hurricanes and floods bring $120 billion in insurance losses in 2022

January 10, 2023 07:20 AM AEDT | By Reuters

By Tom Sims and Alexander Hübner FRANKFURT/MUNICH (Reuters) - Hurricane Ian in the United States and floods and Australia helped to make 2022 one of t...

 Global natural catastrophe insurance losses seen at $112 billion for 2022

Global natural catastrophe insurance losses seen at $112 billion for...

December 30, 2022 08:48 PM AEDT | By Reuters

LONDON (Reuters) - Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said...

 Rates to stay flat for Ukraine grain cargo insurance-Ascot

Rates to stay flat for Ukraine grain cargo insurance-Ascot

December 23, 2022 01:31 AM AEDT | By Reuters

LONDON (Reuters) - A cargo insurance facility providing cover for shipments via Ukraine's grain export corridor will continue next year with no rate i...

 Insurers shun FTX-linked crypto firms as contagion risk mounts

Insurers shun FTX-linked crypto firms as contagion risk mounts

December 20, 2022 07:17 AM AEDT | By Reuters

By Noor Zainab Hussain and Carolyn Cohn (Reuters) - Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX...

 Biz groups say Biden independent contractor rule clashes with federal law

Biz groups say Biden independent contractor rule clashes with federa...

December 15, 2022 06:28 AM AEDT | By Reuters

By Daniel Wiessner (Reuters) - Business groups have told the Biden administration that its proposal to limit U.S. companies' use of independent contra...

 U.S. says Russian oil price does not require checks on every tanker by Turkey

U.S. says Russian oil price does not require checks on every tanker...

December 09, 2022 03:13 AM AEDT | By Reuters

FORT WORTH, Texas (Reuters) - The U.S. Treasury said on Thursday that the price cap on Russian oil imposed by Western powers does not necessitate chec...

 UK in talks with Turkey over oil tanker delays -Telegraph newspaper

UK in talks with Turkey over oil tanker delays -Telegraph newspaper

December 08, 2022 02:40 AM AEDT | By Reuters

LONDON (Reuters) -Western officials are in talks with Turkish counterparts to resolve an oil tanker queues off Turkey, a UK Treasury official said, af...

 Generali completes share buyback of 500 million euros

Generali completes share buyback of 500 million euros

December 06, 2022 02:03 AM AEDT | By Reuters

MILAN (Reuters) - Italy's top insurer Assicurazioni Generali said on Monday it had repurchased 500 million euros ($528 million) worth of its shares, c...

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