Global Economy
The Hartford Reorganizes Specialty Operations in Anticipation of Navigators Acquisition Closing
The Hartford is releasing its new operating model and organizational structure set to be in place when its $2.1 billion acquisition of specialty insurer The Navigators Group closes. Plans call for ...
Ford Sued by MIT Professors Alleging Theft of Patented Tech for F-Series Trucks
The most-popular vehicle in the U.S. -- the F-Series truck -- is among the many Ford Motor Co. products using stolen technologies to run its newest fuel-efficient engines, according to three ...
Italy’s Banks Turn to Insurance Market for New Opportunities
An aging population and struggling state finances could turn into an unlikely boon for Italy's banks, which have turned to a growing market for insurance to brighten their prospects. Intesa SanPaolo ...
MGA/Carrier Partnerships Enable Cost-Effective InsurTech Automation for Small Business Risks
Some of the most exciting innovation coming out of the InsurTech movement is focused on small to midsize businesses and the brokers who serve them. New players are challenging the old model where the ...
China Is Trying to Take Control of Western Data and Networks, U.S. Envoy Warns
China seeks to take control of Western data and networks, the U.S. ambassador to the European Union said, in the latest warning from Washington to its allies that they should think twice before using ...
Insurance Linked Securities Market Reached $93B in 2018: Willis Re
Growth of the insurance-linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance ...
BP Agrees to Expand Greenhouse Emissions Disclosures on Oil Investments
BP has agreed to broaden its disclosure on greenhouse gas emissions to show how it thinks future investments in oil and gas align with U.N.-backed climate goals, it said on Friday. Following talks ...
Two AI InsurTech Startups Win Zurich Insurance’s First Global Innovation Competition
Two startups focused on artificial intelligence are the big winners of Zurich Insurance Group's first-ever innovation competition. Chisel AI, based in Toronto, is the Gold winner in the Zurich ...