Emerging Markets
AIG Expands in Bulgaria With Debut of New Support Center
American International Group continued its expansion in Central Europe with the opening of a new support facility in Bulgaria. The new Shared Services Center is designed to support AIG's insurance ...
Executives On The Move at ACE, TigerRisk, Allianz and More
We have a number of new executive appointments to tell you about at ACE Group, Tiger Risk, Allianz, Canopius and Infinity Property and Casualty Corp. *** ACE Group said it has made a number of ...
U.S. House Approves Cyber Threat-Sharing Bill
The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with the government without fear of ...
Travelers Grabs Bulk of P/C Biz From Brazilian Joint Venture
The Travelers Companies Inc. will snatch up the bulk of the property casualty business from its joint venture in Brazil, underscoring insurers' increasing focus on emerging markets. Financial details ...
Standard & Poor’s: Insurance Industry Growth Isn’t Coming Easy
Global insurers are generating solid growth despite dealing with sluggish economies, historically low interest rates and new regulatory restrictions, Standard & Poor's concluded in a new report. ...
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
Willis Snatches Up Mexican Rival With Eye On Emerging Market Growth
Willis Group said it is acquiring a broker based in Mexico to boost its growth potential in a key emerging market. The global insurance and reinsurance broker said it is snatching up Carsa ...
Month-Long Austin Rideshare Challenge Shows Drivers Lack Insurance Savvy
Josh Waldrum knows from firsthand experience that most of the folks who drive for rideshare services like Uber and Lyft are not well informed about the insurance issues that insurance professionals ...