Commercial Lines
Global Businesses’ Biggest Risk Fears: Cyber Attacks, Populist-Driven Political Instability
The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries. ...
Executives On The Move at AXIS, The Hanover and Swiss Re
An ex-Beazley executive is joining AXIS Capital Holdings Ltd. in a leadership Role. The Hanover Insurance Group promoted an executive to become the new CEO of Chaucer Syndicates Ltd., its ...
Telematics, Autonomous Vehicles Could Jumpstart a Struggling Commercial Auto Sector: Conning
Commercial automobile insurance has been a trouble spot in the industry in recent years, and a multitude of factors have combined to create the problem. But technological changes such as driverless ...
Zurich Insurance in Asia Pacific Region Revamps Commercial Insurance Structure
Zurich Insurance has revamped the structure for its Commercial Insurance business in the Asia Pacific Region, following the combination of its Global Corporate and Commercial units into a single ...
Guidewire Closes $160M Deal for Tech Company ISCS, Launches Cloud-Focused Product
P/C software company Guidewire said it has completed its $160 million acquisition of cloud computing tech outfit ISCS, about two months after the deal between the California companies was first ...
Unlike Some Automakers, Ford Is Fully Committed to Developing Totally Autonomous Cars
As Ford Motor Co. has been developing self-driving cars, the U.S. automaker has started noticing a problem during test drives: Engineers monitoring the robot rides are dozing off. Company researchers ...
Global Insurance Rate Decreases Moderated Yet Again in Q4: Marsh
Global insurance rate decreases moderated on average for the fourth consecutive quarter, down 3.1 percent (compared to the previous quarter's decrease of 3.2 percent), according to Marsh's Global ...
Allianz Profit Climbs, $3.2B Share Buyback to Come
Allianz SE reported a 23 percent increase in fourth-quarter net income and announced its first-ever share buyback as Europe's biggest insurer makes good on a promise to return excess cash to ...