Zurich Insurance plans $5bn allocation to impact investments
Businessam Staff
November 23, 2017
Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years. While it didn’t specify a period, Zurich plans to buy bonds that finance social projects and the sustainable use of resources, as […]
Insurers ache for qualified inspectors after U.S. hurricanes damage
Businessam StaffSeptember 11, 2017
Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars’ worth of property damage in less than two weeks. Although insurers maintain some number of inspectors, known as claims adjusters, across the U.S. year-round, they must redeploy staff from […]
High cost outlay, poor investment deny Linkage Assurance shareholders of dividend
Obodo EjiroJune 22, 2017
Shareholders of Linkage Assurance Plc will have to wait a little longer to earn dividend from their investment. This is as a result of the company’s high cost of doing business and lacklustre earnings from investment, which combined to whittle down profitability. This is despite the company announcing a 1.9 percent increase in gross profit […]