Commercial Lines
In Zurich’s Financial District, Landlords Resist Rent Cuts and Offices Lie Empty
Two floors of a prime lakeside office building in the heart of Zurich's financial district remain empty six months after they were offered for lease. While that's a cost for owner Zurich Insurance ...
Executives On The Move at Validus and The Hartford
Validus Holdings Ltd. made a number of executive appointments following a reorganization into three major divisions. The Hartford named one of its executives to lead Personal Lines. *** Validus ...
Q3 U.S. Commercial Insurance Prices Remain Flat Once Again: Willis Towers Watson
U.S. commercial insurance prices stayed virtually flat in the 2017 third quarter, the ninth straight quarter where this has happened, according to a new Willis Towers Watson survey. Prices averaged ...
UK Minister Asserts Future Governments Can Change Brexit Terms
British voters will be able to change the terms of the country's relationship with the European Union after leaving the bloc if they don't like the final Brexit deal, senior cabinet minister and ...
Paris Climate Change Pact Lives On Under Macron’s Leadership
French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At ...
Growth Ahead as State Auto Exits Specialty Biz
A complete digital transformation is taking shape at State Auto Insurance, where efforts to turn around several years of underwriting losses have also meant exits of certain part of the business. ...
Kobe Steel Slammed With Lawsuits Over Data Tampering Scandal
Kobe Steel Ltd said on Friday it has been hit with lawsuits over its data tampering scandal and has had two more badges of industrial quality removed, the latest setbacks for the Japanese steelmaker ...
Swiss Re CFO Cole Will Step Down; Dacey to Replace Him
Swiss Re's group chief financial officer is stepping down, and the reinsurer is promoting from within to replace him. John Dacey, currently group chief strategy officer, will become group chief ...