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Germany-based insurer Allianz S.E. will be closing two offices in Woking and Luton in the United Kingdom on Sept. 30 as part of its restructuring plans and due to changes in the U.K. market, Compelo reported. Additionally, France-based insurer Axa S.A. said that it will close six branches in the United Kingdom to improve its claims management process.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms