Underwriting
‘Sextortion’ Is Yet Another Emerging Cyber Risk for Businesses to Worry About: Beazley
A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers, ...
AXA IPO Costs, Natural Disasters Ding 2018 Net Profit
Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped ...
Insurers Remain Wary of Exchange-Traded Funds, Despite Rule Change
Many insurance companies are steering clear of exchange-traded funds even after a high profile rule change designed to make them easier to own. Almost 40 percent of insurers aren't using ETFs more ...
MGA Coalition Announces Cover For Violations of GDPR Data Privacy Regs
Coalition, the San Francisco-based managing general agency that specializes in cyber insurance for small and midsized businesses, announced it is broadening coverage to include exposures to ...
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 ...