Underwriting
Chinese Online Insurance Tech Firm Facing Domestic Pushback Over Planned IPO
Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people ...
Aon Offers Concessions to Win EU Antitrust Approval for $30B WTW Bid
Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Monday. The sector's biggest ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
March U.S. Storms Caused More than $1B in Insured Losses: Aon
An onslaught of U.S. storms and flooding in March caused as much as $2 billion in economic damage. Public and private insurers were likely to see losses surpass $1 billion, Aon plc said in its ...
U.S. Weather Forecasters Predict Sixth Year of Above-Average Atlantic Storms
The United States should prepare for a sixth year of above-average number of Atlantic hurricanes, Colorado State University (CSU) forecasters said in the first official 2021 outlook on Thursday. The ...
Insurance Is on GM’s Growing List of Side Ventures
Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer's Global Innovation team is looking for new enterprises to expand the automaker's sources of revenue well ...
UN Sustainable Investment Group Reviewing Liberty Mutual Membership Over Coal Mine Controversy
UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a ...
Connected Car Tech Creating Anxiety Over Cyber Attack Risks: Munich Re
Consumers are increasingly worried about cyber attack vulnerabilities with connected and automated vehicles, according to a new Munich Re/HSB survey. Approximately 37 percent of consumers responding ...
G20 Companies Will Face Common Disclosure Requirements on Climate Change Risks
G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how ...