Legal
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The Insurance Council of Australia backs the findings of the far-reaching report.
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The fund manager’s CEO suggests Kessler is acting in his own interests and against those of shareholders.
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The broker association aims to help intermediaries access new business in North and South America and to encourage market entrants.
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The deals will provide for regulatory cooperation and information exchange in the event of a hard Brexit.
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Is it ethical to get someone sacked for being seedy? For a misdemeanour – albeit a wildly inappropriate one – that doesn’t directly harm anyone, using evidence gathered covertly? Does it make it better or worse that the informant doesn’t even work for the same firm?
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The company said discussions with its regulator about a longer-term business plan are ongoing.
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The French mutual’s board said it would “take all action in order to defend its interests”.
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Court documentation reveals deliberations at Scor about a hypothetical fusion with PartnerRe.
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The carrier will make use of its existing Irish branch structure.
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Scor CEO said reinsurer has filed a 584-page citation on Covea boss with Paris courts.
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Shares in the Denis Kessler-led reinsurer close down more than 11 percent after news of its one-time suitor's withdrawal.
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The CEO says the Corporation would consider the creation of a platform for young and experimental syndicates.
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