May 6, 2020
Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during the coronavirus pandemic. Edwin Coe and Harris Balcombe said they wanted to challenge …
April 30, 2020
Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and leisure groups, who allege that legitimate business interruption claims have been rejected. A new Hospitality Insurance Action Group (HIGA) on …
April 24, 2020
AXA announced the death of Stefan Lippe, 65, who has been an AXA Director since 2012, and was the former chief executive officer of Swiss Re Group. Press reports reveal he died of complications from COVID-19. Lippe spent 30 years …
April 13, 2020
Italy’s biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its strong capital position. The announcement flies in the face of calls by industry …
March 27, 2020
Marie-Pascale Schuller started feeling sick last week. The 57-year-old doctor specializes in respiratory illnesses, and she had a strong suspicion as to what her fever, cough and aches meant. She wanted to keep seeing patients without the risk of exposing …
March 13, 2020
The new coronavirus that’s forcing lockdowns and roiling economies is spurring a silent revolution in the field of telemedicine. As COVID-19 spreads across Europe, leaving new patients in its wake, the fear of infection and a saturated health-care system are …
March 13, 2020
Oman Insurance Co. PSC is considering making a bid for the Middle Eastern operations of French insurer AXA SA, according to people familiar with the matter. The company that’s backed by Dubai-based bank Mashreq PSC is working with Barclays Plc …
March 11, 2020
AXA SA plans to create a 137 billion-euro ($156 billion) asset-management unit to cater to the growing demand for real estate and other alternative assets. The French insurer will divide its asset-management business in two units: alternatives under Isabelle Scemama …
February 20, 2020
AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice president of Chubb Group and president …
February 20, 2020
French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the division, as it stepped up measures to reduce exposure to risks stemming from natural disasters that become more frequent. Insurers …