Global Economy
The Latest Launches From Beazley and Willis Towers Watson
Beazley came out with its new U.S. marine platform. Willis Towers Watson launched Igloo 5, an update to its financial modeling platform.***
Beazley has begun its ...
Aon Acquires Swiss Insurance Broker Unidelta AG
Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance ...
Brexit May Adversely Effect Legions of Insurance Liabilities, Bank Contracts Without Fix
As far as Brexit headaches go, Barclays Plc's John McFarlane says that while his bank is on top of job relocations, he's more concerned about rewriting "hundreds of thousands" of contracts. He's not ...
Late 2017 Hurricanes Could Spur 2018 Insurance M&A Spree: Clyde & Co. Prediction
Hurricanes Harvey, Irma, Maria and Nate broke records in late 2017 in terms of damages and insured losses. The strains they have caused on the marketplace could spur a wave of M&A activity a ...
Squabble Over Ireland Delays Brexit Deal
Theresa May's efforts to find a compromise on the Irish border that will unblock Brexit talks struggled on, with both sides digging in on Thursday as the clock ticks down to a deadline next week. ...
Apple and Qualcomm Accuse Each Other of Patent Infringement
Apple Inc on Wednesday filed a countersuit against Qualcomm Inc, alleging that Qualcomm's Snapdragon mobile phone chips that power a wide variety of Android-based devices infringe on Apple's patents, ...
Executives On The Move at Ironshore, W.R. Berkley and Starr Cos.
Ironshore chose a new head of Global Claims. W.R. Berkley Corp. made some new appointments in two of its business units. Starr Cos. named two executives to help run its new Accident & Health ...
The Latest Launches From Allstate, Pool Re and Starr Companies
Allstate inked a new deal with a company that gives it the ability to use highly predictive online data for claims processing. Pool Re is expanding cover for cyber-related terrorist incidents. Starr ...