Global Economy
Global Insurance Accelerator Boosts Seed Funding for Participating InsurTechs
The Global Insurance Accelerator said it is nearly doubling its seed funding for participating InsurTechs, starting with companies accepted into the program in 2020. A desire to stay competitive is ...
Generali CEO Donnet Mulls $3.3B Investment in Acquisitions
Assicurazioni Generali SpA, Italy's biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief ...
Cyber Risks Reign Supreme Among Businesses of All Sizes
Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55 percent said they worry some or a great deal about ...
Fiscal Crises Stand as Largest Risk to Global Business: WEF Survey
The possibility of a fiscal crisis is the biggest risk to doing business globally, according to a survey of World Economic Forum business leaders published on Tuesday, though there were strong ...
J&J Settles One Risky Opioid Trial on the Cheap
Johnson & Johnson agreed to pay more than $20 million to avoid the first federal trial in which it faced accusations of helping fuel the opioid epidemic by mishandling its painkillers. Under the ...
Executives On The Move at Hamilton Insurance Group, DataCubes and HDI Global SE
Hamilton Insurance Group appointed a former Third Point Re executive to serve as SVP and head of Casualty & Specialty for its new U.S. reinsurance platform. An ex-Maiden Re chief data scientist ...
The Future of InsurTech Innovation Is Intertwined With Regulation
It's no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry ...
Coming Soon: Brexit Moment of Truth for UK’s Johnson and His Strategy
British Prime Minister Boris Johnson is facing the moment of truth for his Brexit strategy as he prepares to present his blueprint for a deal to the European Union in days. The reception his plan ...