Global Economy
Key Allianz Insurance Unit Slumps, but PIMCO Arm Excels
Allianz SE, the German insurer that owns bond manager Pacific Investment Management Co., relied on inflows at the asset management unit to offset lower earnings at its property and casualty business. ...
Former AIG Executive Wins Legal Bid for $9 Million Crisis-Era Bonus
A former American International Group Inc. senior trader won his bid for 8.3 million euros ($9.2 million) in bonuses in a dispute at France's highest court that dates back to the financial crisis a ...
Encourage Your Team to Tackle the Hard Tasks First
Picture a busy staff with a heavy workload. To get through it, they tackle easy tasks first before jumping onto the hard stuff. In terms of efficiency and productivity, that's the wrong way to go, ...
The Latest Launches From Coalition and AIR Worldwide
Coalition is debuting a free, publicly available cybersecurity and risk assessment tool. Catastrophe risk modeling firm AIR Worldwide released a Multiple Peril Crop Insurance Model for ...
Executives On The Move at BHSI, AmWINS and Sompo International
A Zurich veteran is joining BHSI as head of Claims in Spain. AmWINS Group picked a former Swiss Re executive as its new vice president for Alternative Risk. An Allstate veteran signed onto Sompo ...
For Lemonade, Pink in Germany Is (at Least Temporarily) Verboten
Just months after expanding into Germany, the InsurTech Lemonade is in a tussle there over rights to use the color pink. Lemonade, which sells home and renters insurance electronically and relies on ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
Radio Network, Other Spanish Companies Struck by Cyber Attack
A cyber attack has hit Spanish companies including Cadena SER radio, Spain's National Security Department said on Monday. The virus affected Cadena Ser's local broadcasts, although national output ...