Global Economy
Zurich Hires Ex-Swiss Regulator Giger as New Chief Risk Officer
Zurich Insurance Group hired a former Swiss regulator to become its new chief risk officer. Peter Giger will take on his new role at the company on Oct. 1, 2019. He replaces Alison Marton in the ...
New InsurTech Financings Focused on Agencies, Cyber and Analytics
Broker Buddha raised $4.5 million to help advance its agency operations technology that simplifies commercial insurance application and renewals. Kovrr, a Tel Aviv-based predictive cyber risk ...
Insurance and Other Securities Under Pressure Remain Private Equity Targets: Apollo Exec
Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets. "Certainly, this is not a ...
Aviation Industry Braces for Substantial Premium Hikes Due to 737 MAX Grounding
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding ...
The Latest Launches From Beazley and Coalition
Beazley released a broad policy designed to cover infringements of Title IX, the federal law that prohibits discrimination in any public education program based on sex. Coalition, an MGA focused on ...
This Time, Bermuda Avoids Major Damage From a Hurricane
Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping ...
Lloyd’s Plans Miami Office to Back Growth in Latin America, Caribbean Markets
Lloyd's plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. "Latin America is a key market for Lloyd's, with premium close to US$1.5 ...
Executives On The Move at Octo Group, BHSI, QBE North America and Alliant
Telematics firm Octo Group appointed a new CEO. Berkshire Hathaway Specialty Insurance expanded its leadership team in France. QBE North America named a new head of Surety. Alliant hired a new ...