Emerging Markets
Executives On The Move at QBE, Hiscox and Preferred Mutual
QBE North America gave one of its major executives some new responsibilities. Hiscox brought on an additional energy underwriter. Preferred Mutual has a new general counsel. *** QBE North America is ...
As El Niño Peaks, La Niña is Poised to Emerge
Even as the El Nino weather phenomenon continues to impact global temperatures and crops, its counterpart La Nina is increasingly expected to emerge in the coming months for the first time in four ...
Zurich’s General Insurance Revamp May Affect 8,000 Positions
Last December, Zurich Insurance Group AG announced expanded plans to cut relocate or change at least 1,800 jobs in a bid to save money and revamp its struggling general insurance unit. Now, the ...
AIG Will Expand Board to Include Billionaire Paulson and Icahn Rep
American International Group, Inc. disclosed on Feb. 11 that its board will expand from 14 seats to 16 seats, a move that accommodates two activist shareholders: billionaires John Paulson and Carl ...
AIG’s Quarterly Operating Loss Worse Than Expected; Share Buyback Accelerates
American International Group Inc, the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments ...
Zurich Announces New CEO Start Date; Q4 Loss Hits $424M
Zurich Insurance attempted to mollify investors on Thursday by bringing forward the start date for incoming Chief Executive Mario Greco and holding its dividend unchanged. But a steeper-than-expected ...
Lloyd’s, London Market Face Huge Uncertainty if UK Leaves EU
A UK exit from the European Union will create a "rarely experienced" level of uncertainty for Lloyd's, the London market as well as the UK and other European economies, according to Sean McGovern, ...
What P/C Insurance Industry Lobbyists Are Fighting for in 2016
Election year or not, P/C industry lobbyists are planning for a busy 2016 in Washington, D.C. The American Insurance Association and the National Association of Mutual Insurance Companies are among ...