Global Economy
Chubb Establishes Aviation Hub in Canada
Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. The Canadian Aviation hub is part of a new regional ...
InsurTech bolttech, Flush With Cash, Snatches Up Berlin-Based Digital Platform
The InsurTech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The ...
Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk
New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy ...
Executives On The Move at Liberty Mutual and Swiss Re
Liberty Mutual named a new President and Chief Operating Officer for its Global Retail Markets U.S. operations. Swiss Re Corporate Solutions appointed two executives to its International Programs ...
Some Generali Investors Rev Up Plan to Challenge Insurer’s Leadership
Shareholders representing about 16 percent of Generali are ready to ask the chief executive not to present a 2022-2024 business plan, a move that would challenge the insurer's leadership, daily La ...
AIG Chooses Sept. 14 as Global Post-COVID Return-to-Office Date
American International Group Inc , one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo ...
Onslaught of Ransomware Hacks Force Carriers to Reassess Cyber Business
The hacks came one right after another, sowing chaos at hospitals, idling America's biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 ...
U.S. Mandates ‘Urgently Needed’ Cybersecurity Protections for Critical Pipeline Owners
The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement "urgently needed protections against ...