In the news: Digital life insurance business Indie rebrands as Sanlam Indie, Fitch Revises Outlook on South Africa to Negative, Boeing recovered $500mn from insurers and Schroders acquires majority stake in impact investor BlueOrchard

0
282

Digital life insurance business Indie rebrands as Sanlam Indie

Sanlam’s millennial-focused digital business, Indie, has rebranded as Sanlam Indie with the aim of cementing its credibility in the market.  READ MORE

Fitch Revises Outlook on South Africa to Negative; Affirms at ‘BB+’

Fitch Ratings has revised the Outlook on South Africa’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at ‘BB+’.  READ MORE

Boeing recovered $500mn from insurers due to fleet suspension

US aircraft manufacturer Boeing has disclosed that it recovered $500 million from its re/insurance program during the second quarter of 2019 for losses related to the grounding of its 737 MAX fleet.  READ MORE

Schroders acquires majority stake in impact investor BlueOrchard

Schroders and BlueOrchard Finance Limited (“BlueOrchard”) announce that they have entered into an agreement under which Schroders will acquire a majority stake in impact investor BlueOrchard.  READ MORE