Emerging Markets
U.S. P/C Carrier Employment Begins 2016 in Decline: I.I.I. Report
U.S. P/C carrier employment began January 2016 in decline, according to a new Insurance Information Institute report. Over the last 12 months, job figures average out as essentially flat. Direct P/C ...
Executives On The Move at Ironshore, Liberty Mutual, Selective, and More
Ironshore International added a new underwriting manager to help build up its terrorism coverage in Asia Pacific. Selective Insurance's CFO is retiring. Liberty Mutual and Sompo Canopius AG promoted ...
Global Regulators Propose Stricter Banking Rules to Address Cyber and Fraud Risks
Global regulators have proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks, fraud or hefty fines. The proposals are the ...
Liberty Mutual Ended 2015 Bruised by Catastrophe Losses
Liberty Mutual Insurance ended 2015 in the black, but higher losses from catastrophes and other hits hurt its performance during the year. Parent Liberty Mutual Holding Co. booked $411 million in net ...
Few Rideshare Drivers Have Insurance, But Interest Is Growing
A large portion of rideshare drivers do not have the required insurance—but more are buying it or seem to be more interested in it. According to a recent survey by the Rideshare Guy, roughly 1 in 5 ...
Executives On The Move at Chubb, American Modern, Zurich Insurance and More
Munich Re's American Modern Insurance Group is getting a new CEO. Chubb named new executives in its Asia Pacific region. Zurich Insurance has its latest chief underwriting officer for general ...
Many Insurers See Google as Potential Threat: Report
More than 40 percent of insurers see Google as a potential threat because of its strong brand and ability to use customer data, a report released on Tuesday said. And young, mobile phone-friendly ...
Ex-American Modern CEO Rios Will Lead South African Insurance Group
When Manny Rios left his job as CEO of Munich Re's American Modern in August 2015, his next steps were a mystery. Now we know: He's become the leader of a South African insurance group Telesure. The ...