Global Economy
AXIS Loses Nearly $200M in Q4
AXIS Capital Holdings closed out its 2018 fourth quarter with a nearly $200 million net loss, something President and CEO Albert Benchimol blamed largely on higher property catastrophe losses. The ...
W.R. Berkley’s Reinsurance Combined Ratio Worsens; Q4 Net Income Dips
W.R. Berkley Corp. ended 2018 with a decline in net income and worsening reinsurance combined ratio, thanks to higher catastrophe loss expenses. At the same time, insurance premiums and investment ...
The Latest Launches From QBE and Sompo International
QBE North America has debuted what it says is a novel customer approach for its financial institutions customers that combines otherwise separate silos. Sompo International Holdings Ltd. is teaming ...
Travelers Gains Approval to Open Post-Brexit Subsidiary in Ireland
Travelers' European arm has been granted a license to open a subsidiary in Ireland. "During the Brexit negotiations, our priority has been to ensure that we are positioned to continue meeting the ...
Bayer/Monsanto Fails to Keep Controversial Evidence From Roundup Cancer Trials
A federal judge overseeing lawsuits alleging Bayer AG's glyphosate-based Roundup weed killer causes cancer on Monday tentatively allowed pieces of controversial evidence that the company had hoped to ...
Accenture Starts Selling AI Automation Software Platform Tested Internally
Accenture Plc, the global consulting firm, will begin selling software and services that it's already used internally to automate tasks and redeploy about 40,000 workers. The new platform, that's ...
Be Kind, and Lead Well
For all good leaders, kindness counts. That quality reflects a leader who is sensitive and empathetic about his or her team and what they need to succeed, Mary Anne Amato writes in a recent "Leading ...
Executives On The Move at Arch Insurance, Great American and Lloyd’s
Arch Insurance in North America hired a former Travelers executive to lead a newly created business unit. Great American Insurance Group named a new executive as divisional vice president of its ...