Commercial Lines
After $17B in Acquisitions, Tokio Marine Promises More to Come
Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan's largest ...
Nationwide: Solid Strategy Is Key to Finding a Compelling InsurTech Partner
Carriers are increasingly looking for InsurTechs that would serve as good partners or investments, but how do they pick the right ones? That's a vital question for carriers to address so they can ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
Legal & General Will Divest Exxon Shares Over Climate Change
One of Britain's biggest fund managers started selling shares in Exxon Mobil Corp., saying America's largest oil company isn't doing enough to address climate change. Legal & General Investment ...
Anti-Hacking Company Claims It Took Over a Tesla Model 3’s GPS
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker's latest Autopilot technology, sending the vehicle off its intended ...
Two Ex-AIG Employees Awarded $10 Million Ahead of Larger, Related U.K. Bonus Case
Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to block the payment of bonuses they'd ...
Hamilton Re Sponsors Issuance of Its First Cat Bond
Hamilton Re has sponsored issuance of its first catastrophe bond. The reinsurance platform of Bermuda-based holding company Hamilton Insurance Group said that the issuance has taken place through its ...
Chubb CEO Greenberg, More Industry Heavy-Hitters to Advise Lloyd’s on Future Strategy
Lloyd's has gathered a group of industry heavy-hitters — such as Evan Greenberg at Chubb, Dan Glaser at Marsh & McLennan and John Haley at Willis Towers Watson — to sit on advisory committees ...
The EU Struggles to Ease Fears Over Committing to Carbon Neutral Target by 2050
EU nations hoping to help lead the fight against global warming by agreeing to go carbon neutral by 2050 at a summit on Thursday engaged in last-ditch diplomacy to ease fears among central and ...