Commercial Lines
AIG’s Brexit Antidote: A New Luxembourg Subsidiary Alongside Existing UK Operations
American International Group plans to counter Brexit-related challenges by having it both ways. The insurer said that starting in the 2019 first quarter, it will launch a subsidiary in Luxembourg to ...
PwC Targets London Market Claims With New Blockchain Prototype
PwC has created a working blockchain prototype for the London Market's Target Operating Model (TOM) Innovation Exchange, which demonstrates how the technology can support claims bordereau management ...
Trump’s Tax Reform Plans Will Help Some U.S. Insurers, Reinsurers: Morningstar
A cadre of U.S. insurers and reinsurers stand to gain from lower corporate tax rates advocated by President Donald Trump and Republican members of Congress as part of a broader reform effort, ...
Fintech Products Work Best With Open Access to Data: Canadian Regulator
Canada's largest, most influential securities regulator said open access to data is essential to developing financial tech solutions using innovative technology such as blockchain, in a white paper ...
Executives On The Move at PartnerRe, CoreLogic and Argo Group
PartnerRe hired a former Aon Benfield executive to be its new head of Latin America. CoreLogic appointed a new CEO, after the unexpected passing of its previous leader. Argo Group International ...
AIG Names Chief Auditor Gallo as New Chief Information Officer
American International Group named Martha Gallo its new chief information officer. Previously, Gallo was AIG's chief auditor. She succeeds Philip Fasano, who left the company to pursue other ...
Why Workers Comp Matters as Broader Safety Net Is Weakened: WCRI Conference
After decades of managing costs for employers, it's time for workers compensation professionals and public policymakers to turn their attention to the needs of injured workers and think of themselves ...
Wells Fargo Phony Account Scandal May Be Bigger Than Previously Thought
More Wells Fargo & Co customers may have been affected by a scandal over phony accounts than previously believed, the third-largest U.S. lender said in a regulatory filing on Wednesday. Wells ...