Underwriting
2018 ILS Issuance Comes Close to Record, but Q4 Slowed Down: Swiss Re
Insurance-linked securities reached their second-highest issuance levels ever in 2018, though the fourth quarter ended with a whimper. Total issuance for the year reached $9.7 billion through 29 ...
Beyond Fender-Benders: How Self-Driving Cars Are Killing Auto Insurance
Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his ...
Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
Trōv Expands Into D.C. and Seven More States
Trōv said its on-demand online, single-item insurance products are now available in seven more states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, ...
Asia-Pacific Small Businesses Appear Over-Confident About Their Cyber Preparedness: Chubb
A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a new Chubb survey. Named "Too ...
Buffett’s Berkshire Hathaway Sheds Oracle Holdings, Trims Apple Stake, Adds New Investments
Warren Buffett's Berkshire Hathaway Inc. said it has trimmed its stake in iPhone maker Apple Inc., though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc. and ...
Uber Wants Dubai-Based Ridesharing Service That Insures Customers and Drivers
Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for ...