Commercial Lines
QBE in Hong Kong: Insurer Will Distribute General Insurance Cover Through Manulife Agents
QBE will start supplying general insurance products in Hong Kong for distribution through Manulife's agents. The exclusive distribution agreement is between divisions of both companies: Manulife ...
Swiss Re Q2 Profit Hampered by Higher Catastrophe Claims
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
It’s Pokémon Go Time for Insurers
Whether they're getting stuck in trees, sinking into the mud or wandering into traffic, distracted players of Pokémon Go have been getting into all kinds of trouble this summer. But what do their ...
Northeast Drought Could Have Staying Power Through Fall
At Lavoie's Farm in New Hampshire, beans and corn haven't broken through the ground yet and fields of strawberries are stunted. The drought that has taken hold in the Northeast is especially felt at ...
The Latest Launches from Willis Towers Watson and Beazley
Willis Towers Watson updated its Radar pricing software. Beazley expanded its event cancellation coverage for political violence and incidents of terrorism. *** Willis Towers Watson released a new ...
Executives On The Move at BHSI and AXIS
Berkshire Hathaway Specialty Insurance named a new executive to lead and launch its cyber liability product line in New Zealand. AXIS Capital Holdings hired a former CNA executive for a senior, U.S. ...
AIG CEO Peter Hancock is Vulnerable, With Q2 Profit Expected to Plunge
The clock is ticking for Peter Hancock. The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the ...
AIG’s U.K. Arm Adds Brexit Coverage For Anxious Execs
American International Group is coming out with new Brexit coverage in the U.K for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG ...