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Chubb’s outlook remains susceptible to COVID-19 due to business concentration in the US non-life insurance segment, the potential economic downturn in the region and a rise in claims in certain products, according to GlobalData, a leading data and analytics company. However, its relatively small reliance on the life segment should help to reduce losses.
Acquisition will widen the opportunity set for sustainable investing at every level and across asset classes to drive meaningful, long-term outcomes for investors
Coface announces the closing of the acquisition of GIEK Kredittforsikring AS, a company created in 2001, and owned by the Norwegian Ministry of Trade, Industry and Fisheries, that manages a short-term export credit insurance portfolio. Coface has acquired all GIEK Kredittforsikring AS shares, and the business will thus operate under the brand name Coface GK.
The GIB Insurance Broking Group has announced the appointment of Jurie Erwee as the Group Chief Executive Officer effective 1st July 2020.
What do you believe will be the biggest challenge when the COFI framework is finally implemented?