UK Insurance Industry Discuss the Issue of Autonomous Car on Public Road

Association of British Insurance (ABI) will lead the newly created Automated Driving Insurance Group. The group is established to discuss issues regarding driverless car.

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German data leads Europe shares higher, dollar steadies

European shares rose on Monday, led higher by Germany after upbeat factory activity, while the dollar steadied following signs the U.S. economy may be emerging from a recent soft patch.

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The 'king of wines' gets ready for a makeover

Dubbed the "king of wines, the wine of kings" by Louis XV of France, Hungary's Tokaji wine is undergoing a makeover as the region hopes to regain fame lost in decades of mismanagement.

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Global banks join hands to set up one-stop bond shop: WSJ

A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.

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AXA sells institutional investors catastrophe bonds worth USD 474 million

AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.

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AXA Private Equity spins off from AXA

In a move to provide a tax gain as well as capital gain, AXA spins off AXA PE, ceding majority control to an employee ownership group.

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Insurers still unable to break rule deadlock

Insurers and regulators are still unsure after recent proposals were made on the regulation of life insurance products.

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KKR to Make Offer for AXA’s Private Equity Division

KKR bids on AXA's private equity funds unit.

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