Risk
ACE Buys 24% Stake in Tech Outfit Developing Online Commercial Insurance Platform
CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy ...
AIG, Swiss Re and XL Catlin Execs Join Terrorism Insurance Government Advisory Committee
Executives from AIG, Swiss Re, XL Catlin and Lloyd's of London are among the insurance industry executives who will serve on a new government advisory committee that will help shape private market ...
Munich Re, Marsh Debut Coverage For Life Sciences Companies Sidelined by FDA
Munich Re and Marsh are hoping life sciences will respond to new insurance coverage coverage designed to protect them in the wake of U.S. Food and Drug Administration-mandated manufacturing ...
Swiss Re Unit Increases Life Insurance Holdings with $2.5B Guardian Buy
Swiss Re's business unit Admin Re is acquiring Guardian Holdings Europe Ltd. from buyout firm Cinven for 1.6 billion pounds ($2.5 billion) to increase its portfolio of U.K. life-insurance policies. ...
China’s President Pledges Cyber Security Cooperation and Resolution
Chinese President Xi Jinping opened his U.S. visit by seeking to ease concerns on almost every dispute between the two powers, even expressing readiness to cut a deal on one of the thorniest issues, ...
Insurers Stand to Win by Marketing to Women Globally: AXA and IFC
Women will become a vital customer base for insurers in the coming years as they play an increasing role in economic growth within emerging and other global markets. That's what the French insurer ...
Zurich May Have Backed Away, but RSA CEO Expects Other Bidders
RSA Insurance Group Plc Chief Executive Officer Stephen Hester said the company will attract bids from other suitors after Zurich Insurance Group AG abandoned its 5.6 billion-pound ($8.7 billion) ...
Beazley, Aspen and Brit Unveil Joint Cyber Consortium at Lloyd’s
Beazley has joined forces with Lloyd's syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach ...