Commercial Lines
China’s Ping An Insurance Warns Coronavirus May Impact Business
Ping An Insurance Group Co of China Ltd , China's largest insurer by market value, said on Thursday that the coronavirus may have an impact on its business. Ping An's comments on the virus were ...
Swiss Re Hit With 2019 Profit Drop; P/C Combined Ratio Reaches 107.8
Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, ...
AXA XL Chooses Chubb Veteran Gunter as Its New CEO
AXA XL has hired a former Chubb Group senior executive as its new CEO. Scott Gunter, previously senior vice president of Chubb Group and president of Chubb's North America Commercial Insurance ...
Chubb Veteran Hopper to Join CNA as Chief Actuary After Haefner Retires
CNA's veteran chief actuary is retiring at the end of 2020 after 12 years at the insurer and 40 years in the property/casualty insurance business. Larry Haefner's retirement becomes official on Dec. ...
Argo Appoints Interim CEO Rehnberg as Its Full-Time Leader; New Board Chair Named
Argo Group International Holdings has appointed interim CEO Kevin Rehnberg to the job officially, capping what has been a tumultuous year for the Bermuda-based specialty insurer and reinsurer. ...
Russian Internet Company Yandex Ready to Test Driverless Cars
Internet company Yandex, which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year. Yandex has invested 2.2 billion roubles ...
AG Barr Targets Legal Shield Used by Google, Facebook, Others
Attorney General William Barr is taking aim at a legal shield enjoyed by companies such as Alphabet Inc.'s Google and Facebook Inc. as the provision comes under increasing fire from both liberals and ...
The Latest Launches From Farmers, Chubb, Octo Telematics
Farmers Insurance said it has started selling auto insurance in South Carolina exclusively through its Farmersdirect.com digital platform. Chubb expanded access of a tool that's useful during ...