Risk
Travelers Concludes Q2 With Good News on Multiple Fronts
U.S. property and casualty insurer Travelers Cos Inc delivered an unusually large beat of second-quarter profit expectations on Tuesday, helped by higher premiums, lower catastrophe losses and a ...
Zego, Supported by Swiss Re, Joins bp to Insure London Electric Vehicle Trial
Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide professional insurance for bp's electric vehicle trial in London, called "bp ...
After State Auto, Liberty Mutual Turns to Malaysia for Next Acquisition
Liberty Mutual Insurance is disclosing acquisition plans for the second time in two weeks. This time, the Boston-based mutual insurance holding company said it will apply for regulatory approval to ...
Octo Telematics Plans Hiring Surge
Octo Telematics said it expects to hire more than 100 people – a 30 percent growth of its headcount - in a bid to strengthen the talent it has developing current and future technologies. The ...
Home Coverage InsurTech Kin Will Go Public in SPAC Deal; National Expansion on Tap
Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through a merger with Omnichannel Acquisition Corp., a blank-check ...
Liability Worries: Pharmacies Yank J&J Sunscreens Off Shelves After Carcinogen Revelation
Pharmacy chains CVS Health, Walgreens Boots Alliance and retailer Walmart Inc began pulling Johnson & Johnson's sunscreen products off their shelves after J&J said it had detected a ...
Global P/C Industry Produces Strongest Rate Hikes in 20 Years, as Inflationary Risks Surface
Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis ...
N26, a Fintech and On-Demand Insurer, Could Hit $10B Valuation in New Fundraising
N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with ...