Generali rescues rival Italian insurer Cattolica

Italian insurer Generali has come to the rescue of Cattolica Assicurazioni, a troubled local rival part-owned by Berkshire Hathaway.Regulators last month ordered Cattolica...

NN Group vows to improve returns after Elliott intervention

Dutch insurer NN Group has pledged to invest in riskier assets and buy back shares more regularly to improve its returns, but stopped...

The mind-bending world of financial hybrids

Even for someone who loves writing about adventurous investment ideas, I feel like I’m walking on eggshells when I talk about financial hybrids....

Insurers join World Bank to help small businesses in poorer nations

The World Bank Group is preparing to channel billions of dollars of lending through financial systems in developing countries under a new initiative...

UK private medical insurers under pressure to refund payments

Private medical insurers are under pressure to suspend or refund payments because of the difficulties in accessing private healthcare services during the Covid-19 crisis.Although...

Wirecard crisis looms large over Europe's fintechs

Wirecard, one of Europe’s highest profile fintechs, is facing a full-blown crisis after admitting that €1.9bn of cash that it thought was in...

London lands $1.8bn listing of Chinese insurer via Shanghai link

China Pacific Insurance has completed London’s second largest stock listing of the year, boosting a flagship programme to connect the biggest equity markets...

Insurers are delaying life cover over Covid-19 concerns

Insurance companies are delaying the issuance of new policies to people who have had Covid-19, which medical unions say is deterring some doctors...

Insurers vs small businesses: a high-stakes battle over lockdowns

The UK’s financial regulator will take insurance companies to the High Court next month in an effort to answer an increasingly vexed question:...

Prudential/Athene: Jackson heights

It is no fun to bargain with those who mock you. If they come bearing cash, however, there is little choice. At an...