Executives On The Move at BHSI and AXIS Re
Berkshire Hathaway Specialty Insurance named an insurance industry veteran to lead its downstream energy property insurance underwriting in Europe. AXIS Re hired a new head of its Japan business.
Allianz to Grab Westpac’s General Insurance Unit for $535M
Australia's Westpac Banking Corp will sell its general insurance arm to German insurer Allianz for A$725 million ($535 million), it said on Wednesday, further trimming its portfolio to beef up ...
The Latest Launches From Slice Labs and AXA XL
Slice Labs is linking with a Nationwide MGA to develop and distribute digital, on-demand insurance. AXA XL's North America Construction insurance business launched a new digital platform.
Broker AmWINS Eyes Bermuda Expansion With New Acquisition
AmWINS Group, Inc. has agreed to buy International Specialty Brokers Ltd. a Bermuda-based wholesale insurance and reinsurance broker. AmWINS, a North Carolina-based global broker focused on specialty ...
Shell Battles Dutch Court Suit Seeking to Drastically Cut Climate Emissions
Environmental activists took Royal Dutch Shell to court on Tuesday, demanding the energy firm drastically reduce the production of oil and gas to limit its effects on climate change. Seven activist ...
Rusty Pilots Making Flying Errors Are a COVID-19 Emerging Risk
On Sept. 15, an Indonesian flight carrying 307 passengers and 11 crew to the northern city of Medan momentarily veered off the runway after landing, sparking an investigation by the country's ...
Ant Group’s Massive, Suspended IPO in Limbo as China Overhauls Fintech Rules
The chances that Jack Ma's Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ...
D&O Insurance Underwriters Scrutinize Diversity as Lawsuits Climb
Insurers in the United States are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives ...
AXA Sells Persian Gulf Biz to Kuwait-Based Group
AXA SA sold its Persian Gulf business for $269 million to a Kuwait-based group, as the French insurance giant shifts its focus and exits some overseas investments to shore up its finances amid the ...
P/C Tech Trends to Watch: CB Insights NExTT Framework
What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging ...