Zurich Insurance Group subsidiary Farmers Group Inc (FGI) has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S. together with the Farmers Exchanges for $3.94 billion, the two insurers said on Friday, after COVID-19 pandemic made motor and home insurers more profitable. Zurich will contribute USD 2.43 billion through FGI and the Farmers Exchanges1 USD 1.51 billion. The transaction
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Orca, a new investment application which was created by Eastern Europeans and will allow United Kingdom residents to invest in over 200 stocks and Exchange Traded Funds (ETFs) on the London Stock Exchange (LSE), is set to be officially released in December. The app’s team will run a pre-launch giveaway. A giveaway with the total prize of 15,000 GBP worth in shares
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Shares in Allegro, Poland’s number one commerce platform and the most recognized e-commerce brand in the country with over 12.3 million active buyers and over 117,000 merchants as of 30 June 2020, have today begun trading on the Warsaw Stock Exchange, marking the completion of Poland’s largest ever IPO. Commenting on today’s stock exchange debut, François Nuyts, Chief Executive Officer, said “With
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