Page 5 - Clins News Today

Italy's Generali is in talks to raise its stake in two Indian insurance businesses as its local partner, debt-laden Future Group, looks to exit the arrangement, three people familiar with the discussions told Reuters.

The West must send a strong message to Russia to deter it from invading Ukraine, including cutting Russia off from the SWIFT payment system, sanctioning the Nord Stream 2 pipeline and strengthening NATO's eastern flank, Latvia said on Tuesday.

President Joe Biden will lay out his strategy to fight the Omicron and Delta COVID-19 variants over the winter on Thursday, including free and insurer-funded at-home testing and new requirements for international travelers.

Securities analysts revised their ratings and price targets on several European companies, including Diageo, Kone Oyj and Proximus NV, on Wednesday.

Grupo SURA, Colombia's largest holding company, has received a public acquisition offer for between 25.34% and 31.68% of its circulating shares from financial conglomerate Grupo Gilinski, the financial regulator and stock exchange said late on Tuesday.

UniCredit is looking to extend a deadline for a call option that would allow Italy's second-biggest bank to take full ownership of an insurance joint venture with France's CNP Assurances , two sources close to the matter said.

The Swiss blue-chip SMI was seen opening down 0.8% at 12,128 points on Tuesday, according to premarket indications by bank Julius Baer .

China's banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate their investments in other companies.

Pensions consolidator Clara-Pensions is open to deals to manage UK company final salary benefit schemes after becoming the first British firm to win regulatory clearance to act as a superfund, it said on Tuesday.

Financial conglomerate Grupo SURA said shareholders had authorized its directors to seek a strategic partner to take a non-controlling stake in Colombia's largest holding company.