European Insurer Stocks Are Climbing Higher. Why Investors Shouldn’t Ignore Them

Andreas Milano

Text size

The insurance headquarters of AXA in Nanterre, northwest of Paris, France on Oct. 10, 2018.


AFP via Getty Images

Tied to the Covid-19 pandemic recovery and reopening theme, European banks have blasted higher this year, but right behind that sector have been insurers.

The

Stoxx Europe 600 banks

sector is up 20% so far this year, while the Stoxx

Stoxx Europe 600 Insurance Index

has gained nearly 14%, both beating a 9% return for the main

Stoxx Europe 600.

Singing the praises of Europe’s insurers in a note to clients on Tuesday, JPMorgan analysts say they are sticking

Read More

McCarthy Holdings Propels Construction Industry Forward with Integrated Approach to Mental Health Awareness

Andreas Milano

ST. LOUIS–(BUSINESS WIRE)–McCarthy Holdings, Inc., a premier national builder and one of America’s 100 largest employee-owned companies, recently announced a new integrated approach to breaking the stigma surrounding mental health to better meet the needs of employees, the craft workforce and their families.

Designed to create more discussion around mental health awareness, acceptance and treatment options, the initiative establishes collaborative strategies and practices across McCarthy’s safety, human resources and operations teams — all under the umbrella of the firm’s award-winning Build for Life health and wellness program.

“Mental health has historically been a challenge across our industry

Read More

SBI clarifies on home loan rates, says original interest rates restored

Andreas Milano

Country’s top lender State Bank of India (SBI) has clarified on the recent hike on the home loan interest rates. “In the last few days, there have been news items reported in the press including media regarding hike in SBI Home Loans Interest Rates. In this regard we clarify that limited period special concessions offered during festive season have come to an end on 31 March 2021 and thereafter withdrawn.”

As per SBI, there is no hike in the home loan interest rates. The bank states that the original interest rates starting from 6.95% have been restored. However, the special

Read More

YC-Backed Popl Raises $2.2 Million To Create The Digital Business Card

Andreas Milano

Throughout the midst of the COVID-19 pandemic, the novel coronavirus has kept us “socially distanced.” Yet, two young college graduates and friends from UCLA, Jason Alvarez-Cohen and Nick Eischens, created Popl to maintain our ability to digitally connect with our friends and colleagues using near field communications (NFC) technology.

The Los Angeles-based startup has generated seven figures in revenue from their selling physical Popls, which are NFC-enabled hardware tags that stick to your phone or other device to share your personal and professional contact information. In addition to their successful hardware sales, the startup is producing five-figure monthly recurring revenue

Read More

Azerbaijan Insurers Association, Agricultural Insurance Fund ink memorandum on insurance sector dev’t

Andreas Milano

(MENAFN – Trend News Agency) BAKU. Azerbaijan, Apr.6

By Zeyni Jafarov – Trend:

The Azerbaijan Insurers Association (AIA) and the Agricultural Insurance Fund signed a memorandum on mutual cooperation on the development of the insurance sector, Trend reports citing the AIA.

As the association said, joint projects planned for implementation were discussed at a meeting between the two structures.

In the course of the meeting, the AIA Executive Director Elmar Mirsalayev highly appreciated the importance of this cooperation, noting that this step will give impetus to the joint implementation of priorities related to the development of the insurance sector.

In

Read More

Bitcoin and Ethereum Adoption Skyrockets

Andreas Milano

One year later, and March 2021 already seems somewhat better from all standpoints. But, when it comes to the crypto industry, this last month has been one of the most prosperous in the sector’s entire history, especially when it comes to adoption and the prices of Bitcoin and Ethereum.

March 2021 boosts crypto adoption

The past 31 days have brought a lot of progress to the cryptocurrency industry, but it could be said that the adoption has seen the most progress. Institutional investors have been overcoming their fear of cryptocurrency for over a year now, and with each passing month,

Read More