The insurance market will continue to grow in 2022 thanks in particular to emerging countries, according to a study published on Wednesday by the reinsurer Swiss Re, which however warns against the risks that inflation will pose to insurers. In 2022, insurance premiums issued worldwide should for the first time exceed the 7,000 billion dollar … Read more
The American online distribution giant Amazon announced on Friday that it was hiring more than 4,000 additional people this year in the United Kingdom on permanent contracts. Read alsoAmazon hired 15,000 more people than expected in the UK in 2021 This should boost its workforce in the country to 75,000 people and make the group … Read more
Swiss insurer Zurich Insurance reported record profitability in its non-life insurance business in the first half of the year on Thursday, driven by business insurance contracts and agricultural crop coverage. Read alsoZurich Insurance sells life insurance business in Germany Its combined ratio, the reference indicator for assessing the profitability of insurers, stood at 91.9%, the … Read more
Online sales approached 12 billion dollars in the United States on Tuesday and Wednesday, driven by a promotional operation by Amazon, in a context of galloping inflation, according to figures published Thursday by the Adobe Digital Economy Index. This amount represents an increase of 8.5% compared to the revenues of all e-commerce platforms recorded during … Read more
The Swiss insurer Zurich Insurance has signed an agreement with the German insurance portfolio manager Viridium to sell it life insurance activities in Germany, it announced on Friday. Read alsoZurich Insurance withdraws from Russia by reselling its activities to its local team Transfer of reserves of 20 billion dollars The sale of these activities, which … Read more
CNP Assurances recorded net profit up 8.4% year on year in the first half, at 748 million euros, driven by the acquisition of certain Aviva life insurance activities in Italy, according to published figures Wednesday by the group, which became a 100% subsidiary of La Banque Postale in early June. Read alsoCNP Assurances buys Swiss … Read more
Life insurance in France continued to attract billions of euros in savings in the first half, but saw its outstandings eroded by the fall in value of certain riskier investments, and could now suffer from more marked competition from the Livret A. This savings product “records an excellent first half of the year“, greeted during … Read more
The Minister of Labor Olivier Dussopt judges “necessary to go further” with regard to the reform of unemployment insurance and outlines its avenues of work, in an interview with the Parisian posted Tuesday, July 26. While the executive has set itself the objective of achieving full employment by 2027, i.e. an unemployment rate of around … Read more