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Zurich Insurance has shifted almost $1 billion of its passive US equity mandates to MSCI’s newly-developed ESG index
The British Insurance Brokers’ Association has established an insurance technology and innovation committee to represent and safeguard the interests of its members
Howden Group has formed a climate risk and resilience division to drive climate action in the current volatile market
A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Greenval Insurance Company DAC (Ireland)
The European Commission has conditionally approved Aon’s acquisition of Willis Towers Watson under the EU Merger Regulation
BMS Re has fully acquired independent reinsurance broker Trean Intermediaries, with all staff and infrastructure transferring over to the insurance and reinsurance broker
A total of 131 countries and jurisdictions, including several significant captive domiciles, have joined the OECD’s two-pillar plan to create a framework for international tax reform
The European reinsurance sector has been exposed to significant uncertainty during the COVID-19 pandemic, which has led to a threefold decline in the capital positions of reinsurers, gross written premium for life reinsurance, and underwriting profit
