Commercial Lines
RSA Shareholders Brace For Lowball Bid From Possible Suitor Zurich Insurance
Shareholders in British insurer RSA are bracing for a lowball bid from prospective suitor Zurich Insurance, putting one of Europe's largest ever insurance deals in doubt. After flagging its interest ...
AIG Pulls in $500M Selling off Remaining Stake in AerCap Stock
American International Group Inc. said it raised net proceeds of about $500 million selling stock of AerCap Holdings NV as the insurer completed its departure from the airplane-leasing business. The ...
What Employees Say About Three ‘Great’ P/C Insurers
This year, insurers that made Fortune magazine's "100 Best Companies to Work For" list included three property/casualty insurers: ACUITY at No. 3, USAA at No. 33 and Nationwide Mutual Insurance Co., ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Lloyd’s: Drone Industry Threatened by Cyber Attacks, Reckless Pilots and Privacy Breaches
Cyber attacks, reckless pilots and privacy breaches are fundamental threats to the drone industry's success, viability and risk management, according to a new Lloyd's report. Dubbed "Drones Take ...
Towers Watson: Top Talent + Analytics Will Help Advance Claims Operations
Large numbers of U.S. property/casualty insurers say they're struggling to attract and keep talented claims operations employees. They're also still figuring out how to best leverage analytics to do ...
Uber’s Background Checks Missed Convicts: California Prosecutors
California prosecutors have broadened their civil lawsuit against popular online ride-sharing service Uber, alleging that its background checks missed people previously convicted of murder and sex ...
China’s Ping An Insurance Sees Profit Soar, Thanks to Investment Gains
Ping An Insurance (Group) Co., China's second-largest insurer, said profit jumped 62 percent in the first half of this year as a stock-market rally boosted investment returns. Net income rose to 34.6 ...