News for Nova Re SIIQ S.p.A. (NRM.SG)

Credit Suisse knew since 2019 that supply-chain finance funds it ran with Greensill were too reliant on a small group of insurers to protect investors against default and failed to remedy the situation, according to people familiar with the funds.

Pressure mounted on the embattled SoftBank-backed financial firm as it scrambled to sell core parts of its business and regulators intensified supervision of its banking unit.

Insurance Australia Group Ltd. posted a fiscal first-half net loss on a charge taken in November for COVID-19 losses related to an Australian court decision on business interruption insurance

By Alice Uribe SYDNEY--Insurance Australia Group Ltd. posted a half-year net loss, driven in part by expenses for potential business interruption pandemic-related claims. The general... | February 9, 2021

Insurance Australia Group Ltd. said it has taken in more than 2,900 claims from a stormy and wet December and start of the year.

Insurance Australia Group Ltd. is estimating an A$1.15 billion ($900 million) earnings impact from business interruption claims on its fiscal first-half result as the property/casualty insurer