A
A

AssicurazioniGenerali

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Berenberg sees $2-3 bln reinsurance losses from European floods, overall losses higher

By Carolyn Cohn and Tom Sims LONDON/FRANKFURT, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday, but the bank and industry experts said overall losses could be much higher. Flooding has devastated parts of Western Europe since last Wednesday, with the German s
A
A
A
Z

Berenberg sees $2-3 bln reinsurance losses from European floods

LONDON, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday. Flooding has devastated parts of Western Europe since last Wednesday, with the German states of Rhineland Palatinate and North Rhine-Westphalia, as well as parts of Belgium, among the worst hit. "The Eu
A
A
A
Z

Big insurance companies launch net-zero climate alliance

MILAN, July 11 (Reuters) - Eight of the world's leading insurance and reinsurance companies on Sunday launched an alliance to help speed up a transition to a net zero emissions economy. The companies, which include Europe's top three insurers by premiums - Allianz ALVG.DE , AXA AXAF.PA and Generali GASI.MI - said the Net-Zero Insurance Alliance (NZ
A
A
S
A
A
S
Z

France's Axa to sell Malaysia insurance businesses to Generali

PARIS/KUALA LUMPUR, June 22 (Reuters) - Axa AXAF.PA has signed an agreement with Italian rival Generali GASI.MI to sell its insurance businesses in Malaysia for about 140 million euros ($166.64 million), the French insurer said on Tuesday. In a statement, Axa said it expected to close the transaction by the second quarter of 2022. The pact will see
A
A

France's Axa to sell Malaysia insurance businesses to Generali

PARIS, June 22 (Reuters) - Axa AXAF.PA has signed an agreement with Italian rival Generali GASI.MI to sell its insurance businesses in Malaysia for about 140 million euros ($166.64 million), the French insurer said on Tuesday. In a statement Axa said it expected to close the transaction by the second quarter of 2022. ($1=0.8401 euros) Reporting by
A
A

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.