Global Economy
Insurance Distribution Platform Cover Genius Plans Expansion With $10M Financing
Cover Genius, an InsurTech centered around an insurance distribution platform, has raised $10 million in new financing designed to fuel hiring and further global growth. King River Capital, a Sydney ...
Typhoon Hagibis Could Be One of 2019’s Costliest Catastrophe Events: Aon
Typhoon Hagibis is likely to become one of 2019's costliest events, with economic costs of more than $10 billion and insured losses minimally in the billions, according to Aon's monthly catastrophe ...
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 ...