Commercial Lines
Executives On The Move at CNA, Arch Insurance and Guy Carpenter
CNA chose a former Accenture executive as its latest chief operations officer. Arch Insurance is bringing an ex-AIG executive to run its U.S. property arm. An executive at Willis Re is switching to ...
Germany Pushes Back Against UK Govt. Demands for Financial Firms’ Post-Brexit Access
The European Union won't rush to enhance market access for financial firms outside the bloc, a senior German official said, pushing back against key U.K. government demands in the Brexit ...
In North America, the World Cup is in full swing. With it, we can draw lessons from AI and contextual...
Tropical Storm Gordon Weakens to Tropical Depression, Missing Hurricane Predictions
Gordon was rapidly weakening to a tropical depression after coming ashore near the Alabama-Mississippi border late Tuesday and killing at least one person while knocking out power to thousands. The ...
French Reinsurer SCOR Turns Back Investor’s $9.6B Takeover Bid, Tickling Shareholders
French reinsurer Scor SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it's still interested in pursuing a deal. Scor shares ...
Munich Re Will Buy an IoT Startup Focused on Business Clients’ Digital Needs
Munich Re said it will acquire relayr, an Internet of Things-focused software company the reinsurer claimed is valued at $300 million. The acquisition is taking place through Munich Re subsidiary ...
Specialist Broker Verlingue Boosts UK Presence With ICB Group Acquisition
Specialist corporate insurance broker Verlingue said it has acquired independent U.K. broker ICB Group. Financial details of the deal were not released. With the acquisition of Egham, England-based ...
Executives On The Move at Allianz and Everest Insurance
Allianz picked a new leader for its European direct business. Everest Insurance named a Lloyd's veteran to be head of its international division. *** Allianz named Bart Schlatmann as CEO of its ...
Canopius Partners With MGA Focused on Credit and Political Risk
Canopius announced it has signed a partnership with Anvil Underwriting Ltd., a credit and political risk managing general agent (MGA). The agreement is effective from Sept. 3 and will allow Anvil to ...