Risk
Large Underwriters Not Yet Drawn to Google’s Auto Insurance Distribution Plan: Nomura
Google plans to tackle auto insurance distribution in the U.S. are making waves, but they haven't yet attracted interest from large underwriters, Nomura noted in a new industry report. "GEICO, ...
Lufthansa Risks Unlimited Liability in Germanwings Crash
Deutsche Lufthansa AG may face unlimited liability for payments to families of victims of the Germanwings jet crashed by its suicidal co-pilot, according to lawyers. "The liability for the victims ...
Cyber Risks Emerging as Shipping Sector Threat: Allianz
Cyber risks are emerging as a new threat for the shipping sector even as ship losses have sunk to their lowest level in a decade, Allianz Global Corporate & Specialty concluded in a new study. ...
XL Group: Teaching Spanish to Construction Site Managers Reduces Risk
After an initial pilot effort, XL Group plans to expand a program that teaches Spanish to clients' construction site managers so they can communicate the need for worker safety directly to their ...
Germanwings Crash Spotlights Risk as Pilot-Caused Disasters Rise
The suspected intentional destruction of a Germanwings jet by a pilot shows the need for new protections against suicidal crew members—a threat emerging as one of the worst in modern aviation, ...
Germanwings Crash Thought to Be Deliberate
The co-pilot of the Germanwings flight that crashed in the French Alps appears to have deliberately flown the aircraft into a mountainside, killing 150 people, after locking the captain out of the ...
German Insurance Giant Slumps In Face of Overhaul
Talanx AG, Germany's third-biggest insurer, slumped after saying it began an overhaul of its German consumer division. Talanx lost as much as 10 percent, the biggest intraday decline since the shares ...
Property/Casualty M&A Continues Accelerating in 2015: Conning
Property-casualty insurance sector M&A deals jumped by more than 31 percent and deal value grew by more than half from 2013 to 2014 as carriers sought to diversify, remain relevant with customers ...