Nearly eight in ten Europeans say action on climate change will lead on to innovation that makes EU companies more competitive, based on the most recent Eurobarometer survey. MEPs are set to help investments in digital, energy and transport infrastructures but say funding pot is too small to maintain up with the US and China. Request a fraud or energetic obligation alert Place an alert on your credit score stories to warn lenders that you could be be a victim of fraud or on energetic military responsibility. COVID + Credit Find resources that can help you navigate financially in a … Read More
The EU’s antitrust regulators have today approved Aon’s US$30 billion bid for Willis Towers Watson (WTW), subject to certain conditions. The seal of approval hinges upon full compliance with a “substantial” set of commitments offered by Aon, which include the divestment of central parts of WTW’s business to the international brokerage company Arthur J. Gallagher (Gallagher).
The European Commission noted that these commitments will “strengthen Gallagher in its capabilities in reinsurance and commercial risk brokerage” as well as improving its footprint in the European Economic Area (EEA). This, the regulator said, will make Gallagher a credible rival to the combined
Many non-life insurance firms in South Korea are offering “vaccine insurance” products, which will compensate policyholders in case they suffer severe side effects from COVID-19 vaccines.
However, according to a report by The Korea Times, customers are unlikely to receive any benefits from the insurance products. Rather, the report suggests insurers are “playing a joke” on customers by offering such products.
Over 30% of South Koreans have received at least one vaccine dose. The insurance products target individuals who fear possible side effects from the vaccines, which are offered worldwide under emergency use authorisations, rather than full authorisation. Companies
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— naashonomics (@naashonomics) July 7, 2021
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