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17 stories
The French multinational insurance firm AXA launches €1.7 billion share buyback program In addition to €1.7 billion share buy-back program announced, The company intends to launch a further share buy-back program in 2022 for up to Euro 0.5 billion to neutralise earnings dilution from disposals announced after December 1, 2020*, as communicated during AXA’s Investor […]
The British multinational insurance and the largest general insurer Aviva has agreed to sell its French business unit for $3.9 billion (3.2 billion euros). The French Business unit was sold to mutual insurer Aema Groupe which was recently created by the merger of two companies Macif and Aesio. This deal is considered to be the […]
Japan Airlines (JAL) becomes one among the airlines to offer COVID-19 insurance to its passengers on international flights called JAL COVID-19 cover. The Airlines has joined hands with Allianz Travel to provide complimentary cover for testing, medical expenses and quarantine costs in the event that customers test positive for COVID-19 during their travel. The insurance […]
Skyscanner has joined hands with cover genius to launch COVID-19 travel insurance package. The product will be rolled out first in Europe and eventually be available in fifty countries worldwide. This product will be available to prospective travelers. The package includes a mixture of trip cancellation, medical and airline insolvency cover, including protection against travel […]
A new global center of excellence in risk management, The “Global-Asia Insurance partnership” (GAIP) in Singapore is scheduled to be launched at first-ever Singapore International Reinsurance conference (SIRC)’2020 Re-mind’ virtual event to be held on the first week of November. As Asia faces structural and emerging risks GAIP will be the strategic response to deal […]
