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The World Bank (International Bank for Reconstruction and Development) has launched bonds that will support the Pandemic Emergency Financing Facility (PEF), which will channel first-response surge funding to developing countries facing the risk of a pandemic. 29 June 2017
Insurance
While a lack of severe or market-changing losses as a result of some of the recent hurricanes including Hurricane Matthew will be a relief to many of the reinsurers attending Baden-Baden this week, this cannot mask the more fundamental challenges they face, Clive O’Connell, partner, head of insurance and reinsurance at law firm McCarthy Denning, told Baden-Baden Today. 23 October 2016
Insurance
Pension reinsurance provider Prudential Financial and Aviva Life and Pensions UK have struck their first longevity reinsurance transaction. 8 August 2018
Insurance
French credit insurer Compagnie Française d'assurance pour le commerce extérieur (Coface) has signed an agreement with Japan’s trade and investment insurance arm to extend its coverage. 9 April 2014
Risk Management
Recent events from the COVID-19 pandemic to climate change and cyber risks have elevated the importance of risk management within corporations. FERMA president Dirk Wegener outlines the way forward. 15 November 2021
Insurance
Rongfeng Holding Group and a related party plan to acquire a majority stake in National Bank Of Greece's insurance unit Ethniki Hellenic General Insurance, according to a Reuters Feb. 12 report. 12 February 2018
Insurance
White Mountains Insurance Group has acquired a majority stake in insurance services company Tranzact. 14 October 2014
Insurance
Lloyd’s has heralded a strong start to 2019 for the use of e-placement in the market but also noted that the rate of growth is flattening and warned against complacence at a time when the market must find ways to reduce costs and become more efficient. 13 May 2019
Insurance
Gateway, a London-based insurtech incubator that recently closed the first tranche of a new £30 million investment fund, has launched in Australia, and is exploring partnerships in Asia, North America and Central Europe. 23 July 2019
Insurance
Independent insurance broker Jelf has confirmed it is in talks with UK firm Marsh about a possible takeover. 19 August 2015
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