Lightning Round

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• Generali’s chair Gabriele Galateri di Genola said he would be leaving his post in April after 11 years amid rising tensions among the company's largest shareholders.
• Allianz, the German insurer and asset manager, earmarked €3.7 billion to deal with investigations and lawsuits resulting from the collapse of a multi-billion-euro set of investment funds during the pandemic.
• French insurance company CNP Assurances will no longer fund or invest in oil and gas projects in an attempt to limit global warming to 1.5°C.
• Dutch insurer NN Group will issue a share buyback worth €1 billion thanks to strong demand due to extreme weather events and the pandemic.
• Visa and Amazon agreed that Amazon UK will no longer turn off Visa cards, and customers in Australia and Singapore will no longer pay a surcharge for using Visa.
• Paris-based startup Boxy, a network of autonomous convenience stores, got €25 million in funding to expand its network in France. Shoppers with the Boxy app get to access the store on a 24/7 basis.