Insurance

LONDON, Sept 28 (Reuters) – The Bank of England on Thursday set out a reform of capital rules for insurers to “unlock tens of billions of pounds” for investments in…

Higher interest rates net negative for Old Mutual Insurer posted an 8% dip in half-year profit Interim dividend up 28% year-on-year JOHANNESBURG, Sept 27 (Reuters) – South African insurer Old…

HEPS up 5%, normalised HEPS up 32% Bank clients jump Less members changing medical aid plans JOHANNESBURG, Sept 21 (Reuters) – South African insurer Discovery Ltd (DSYJ.J) on Thursday declared its first…

LONDON, Sept 20 (Reuters) – British insurer and asset manager M&G (MNG.L) announced its comeback in corporate pension scheme insurance on Wednesday as it reported an above-forecast 31% rise in adjusted operating…

Francisco del Cura, currently Global Head of Insurance, will become chair of Santander Insurance Holding and Armando Baquero will be CEO. Both will report to Víctor Matarranz, Senior Executive Vice…

BOSTON–(BUSINESS WIRE)–Eastern Bankshares, Inc. (“Eastern” or the “Company”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced that its wholly owned subsidiary Eastern Insurance Group, LLC…

Sept 18 (Reuters) – British insurer Phoenix (PHNX.L) said on Monday it was on track to deliver positive net fund flows from 2024 for the first time in its history, after net…

LONDON, Sept 13 (Reuters) – The government should check that insurers are spending up to 100 billion pounds ($125 billion) on Britain’s economy after their capital rules were eased, Bank…

The African Development Bank has unveiled the Africa Climate Risk Insurance Facility for Adaptation (ACRIFA). The initiative is aimed at insulating countries against catastrophic weather-related events. The facility, which will…

LONDON, Sept 7 (Reuters) – Lloyd’s of London insurer Beazley (BEZG.L) posted a modest uptick in first-half pre-tax profit to a record $366 million, helped by its U.S. property and European cyber…

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                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

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                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

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