Emerging Markets
Executives On The Move at XL Catlin and Starr Companies
XL Catlin turns to emerging markets with the appointment of a new vice president focused on the growing sector. Starr Companies, meanwhile, named a new chief underwriting officer for financial lines. ...
New Technologies: A Double-Edged Sword for Insurance Companies
The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. Situation ...
China Online P/C Insurer Mulls U.S., Hong Kong IPO
Zhongan Online P&C Insurance Co., with more than 400 million customers, is targeting an initial public offering in the next 12 to 18 months as it targets winning over more younger consumers. ...
AAIS Creates New Forms and Rules Filings for Drone Coverage
The American Association of Insurance Services (AAIS) has announced the creation of new forms and rules for unmanned aircraft liability coverage in its agricultural general liability (AgGL) program. ...
PCS Unveils Historical Catastrophe Database for Turkey
Property Claim Services has gone live with a new historical catastrophe database for Turkey, an advance that the data analytics provider said will be helpful for both insurers and reinsurers. "The ...
Allianz, AXA Reportedly Bidding for StanChart Asia Insurance Rights
Allianz SE, Europe's biggest insurer, and France's Axa SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, ...
Liberty Mutual Turns to China for Latest Asia Joint Venture
Liberty Mutual Insurance, a longtime player in China, has formed a new joint venture there in a bid to become a major presence in a market dominated by local rivals. The Boston-based insurer said it ...
As Active Shooter Incidents Increase, Industry Addresses Coverage Gray Area
There's a new insurance market emerging in light of a disturbing reality in today's world: active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave ...