Aviva plc UK Private Traces briefing and 2022 Basic Insurance coverage replace

Aviva plc (‘Aviva’ or the ‘Group’) is today hosting an ‘In Focus’ investor and analyst briefing on its UK General Insurance (‘GI’) Personal Lines business. The event, which commences at 10:00am (GMT)will be hosted by Charlotte JonesGroup CFO, and presented by Adam WinslowCEO UK & Ireland GI, and Owen MorrisMD UK GI Personal Lines. Today’s … Read more

Heritage Insurance coverage Holdings Declares Share Repurchase Authorization

TAMPA, Fla., Jan. 17, 2023 /PRNewswire/ — Heritage Insurance Holdings, Inc. (NYSE: HRTG) (“Heritage” or the “Company”), a super-regional property and casualty insurance holding company, announced today that its Board of Directors authorized a new share repurchase plan of $10.0 million (the “New Share Repurchase Plan”) commencing upon the December 31, 2022 expiration of the … Read more

Aviva: enters rising offshore wind insurance coverage market

Aviva has reaffirmed its commitment to sustainability by extending its renewable energy insurance offering into the growing offshore wind market. The insurer – the first worldwide to set a goal of reaching Net Zero by 20401 – exited the London Market for insurance of standalone operational fossil fuel power generation in 2019 and now focuses … Read more

Insurance coverage Australia: IAG helps Australian communities impacted by floods

With many Australian communities experiencing weather and floods, IAG and its brands including NRMA Insurance, CGU and WFI are supporting severely impacted customers and communities across multiple states with immediate support and are ready to move into flood affected as soon as it is safe to do so. . In South Australia, there are currently … Read more

Explainer-How will Japan resolve transport insurance coverage for Russian LNG imports?

Having joined other G7 countries in imposing sweeping sanctions on Moscow for the invasion of Ukraine, Japan has been reducing its reliance on Russian oil and coal, but it continues to buy Russian LNG amid elevated prices in a tight global market as Europe ramps up imports. WHICH COMPANIES ARE AFFECTED? Japan’s Tokio Marine & … Read more

Explainer-How will Japan resolve delivery insurance coverage for Russian LNG imports?

Having joined other G7 countries in imposing sweeping sanctions on Moscow for the invasion of Ukraine, Japan has been reducing its reliance on Russian oil and coal, but it continues to buy Russian LNG amid elevated prices in a tight global market as Europe ramps up imports. WHICH COMPANIES ARE AFFECTED? Japan’s Tokio Marine & … Read more

Fanhua Broadcasts Withdrawal of Non-binding Going Personal Proposal

GUANGZHOU, China, Dec. 23, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (“Fanhua” or the “Company”) (Nasdaq: FANH), a leading independent financial services provider in Chinatoday announced that its board of directors has received a notice dated December 19, 2022 from Mr. Yinan Hufounder, chairman and chief executive officer of Fanhuastating that he has determined to withdraw … Read more

EURAZEO : TO INVEST IN BMS GROUP, A HIGH GROWTH INDEPENDENT (RE)INSURANCE BROKER, ALONGSIDE BCI, PCP AND MANAGEMENT

Eurazeo, through its mid-large purchasing team1 and its affiliates, to invest up to £355m in BMS Group and acquire up to 34% of its share capital. Eurazeo and its affiliates will join BMS alongside its existing shareholders British Columbia Investment Management Corporation (BCI), Preservation Capital Partners (PCP) and BMS’ management and employees. Eurazeo and BCI … Read more

Nordnet introduces rates of interest on funding financial savings account and endowment insurance coverage in Sweden

On November 24the Swedish Central Bank announced a policy rate increase from 1.75% to 2.50%, effective November 30. following this increase, Nordnet will adjust its interest rates in Sweden and introduce interest on deposits held in investment savings account (SE: investeringssparkonto, ISK) and endowment insurance (SE: kapitalförsäkring). All rates listed below will be effective from … Read more

The Hanover Insurance coverage Group, Inc. Will increase Quarterly Dividend to $0.81 Per Frequent Share

WORCESTER, Mass., Dec. 5, 2022 /PRNewswire/ — The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has approved an increase in the company’s quarterly dividend to $0.81 per share on the issued and outstanding common stock of the company, payable December 30, 2022to shareholders of record at the close of business … Read more