Emerging Markets
The Rapid Global Ascendance of China’s Anbang Insurance
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance. The ...
The Latest Launches From Chubb, Aon Benfield, Travelers and More
Chubb will start selling construction industry-related insurance to midsize firms for the first time. Aon Benfield debuts charter flight cancellation coverage. Travelers is now offering a homeowners ...
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 ...