Emerging Markets
Anbang Insurance Pulls $14B Bid for Starwood Hotels
A group led by China's Anbang Insurance Group Co. withdrew its $14 billion takeover bid for Starwood Hotels & Resorts Worldwide Inc., clearing the way for a purchase by Marriott International ...
Executives On The Move at Everest Re, Maiden Re and Great American Insurance
Everest Re Group made three big executive changes. Maiden Re launched a new offering and brought in a veteran Zurich exec to lead the effort. Great American Insurance Group announced a big promotion. ...
Zurich Insurance Chairman Insists Overhaul Will Lead to Better Results
Zurich Insurance Group AG will see improving results this year after taking steps to cut costs and overhaul units following unexpected losses at its general insurance unit, according to Chairman Tom ...
China Tech Outfit Discloses Intent to Buy Unnamed Reinsurance Group
A Chinese high-tech operation said it plans to snatch up a group of reinsurance companies in a diversification move. China Goldjoy Group Ltd., formerly known as World Wide Touch Technology Holdings ...
The Hartford Adds Five More Teams to Major League Baseball Sponsorship
The Hartford is boosting its advertising investment in Major League Baseball. Already a sponsor of five teams, The Hartford said it will add five more to the list: the Atlanta Braves, Baltimore ...
Asia Investment Grabs Big Chunk of Global P/C M&A Pie: Conning
Insurance industry M&A truly went global in 2015, and a noteworthy chunk of the attention came from China and Japan. Conning summarizes the scope of this in a new report, and the author said he ...
The Latest Launches From Markel, Brit and Ironshore
Markel unveiled a revamped management liability policy for private companies. Brit Ltd. launched a Lloyd's consortium for commercial general aviation. Ironshore Environmental will expand its industry ...
Five Actions Auto Insurers Should Take to Thrive in the Autonomous Tech Boom
We are in the golden age of autonomous technology, with new car models rolling off the assembly line daily with state-of-the-art crash avoidance features. Innovations such as parallel-park assist, ...