Chinese insurers drawn into conflict as Trump’s tariff war escalates

Successor has been with the company since 2008 Source link

Mediobanca, based in Milan, holds a 13% stake in Generali, making it the insurer’s largest shareholder. The holding has been a point of contention between Mediobanca and other major investors in Generali, including the family of the late Leonardo Del Vecchio and businessman Francesco Gaetano Caltagirone. Both investors also hold stakes in Mediobanca and have…

Under the new agreement, Venbrook has launched its first international travel practice, which will be led by Curt Carlson as senior vice president and Eric Adair as vice president. Adair will report to Alison Myers (pictured above), executive vice president and head of retail benefits.  Source link

This extra insurance called “Accidental death & disability rider” helps if the insured has a permanent disability or dies unexpectedly from an accident. It’s useful if you work in a high-risk job, do extreme sports or travel often. It helps you pay for medical expenses, lost income because of the accident, lump-sum payment for costs,…

Mercury’s combined ratio for the quarter stood at 119.2%, up from 100.9% in Q1 2024, reflecting elevated loss activity from catastrophe events. Catastrophe losses, net of reinsurance, reached $447 million in the quarter, up from $72 million a year earlier. Source link

“In times of economic uncertainty, having trusted insurance partners that are there to be with you through the good times and step in during the bad times is more important than ever,” said Graham Topol, co-founder and co-CEO of MGT Insurance. “We take our role very seriously — it’s more important for us to be…