Tokio Marine to Grab PURE Group in $3.1B Deal

Tokio Marine Holdings Inc will buy insurer PURE Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade. Japanese ...

Practical Ways to Make InsurTech Work: ITC Panel

InsurTech is grabbing the attention of carriers and agencies alike, but the level of change it promises also causes anxiety. At the 2019 InsureTech Connect Conference in Las Vegas on Sept. 25, ...

J&J Settles One Risky Opioid Trial on the Cheap

Johnson & Johnson agreed to pay more than $20 million to avoid the first federal trial in which it faced accusations of helping fuel the opioid epidemic by mishandling its painkillers. Under the ...

MS Amlin Exits 9 Core Markets, Refocuses on 3

MS Amlin said it will be exiting nine non-core markets that no longer fit into its long-term strategy. Instead, the London-based insurer and reinsurer and MS&AD subsidiary will pursue a new ...