Global Economy
Executives On The Move at XL Catlin and JLT Specialty USA
XL Catlin brought on two new executives from Chubb and CNA to help support continued expansion of its inland marine field operations. JLT Specialty USA made a number of key appointments and ...
Allianz Late to Party in Tapping Asia as Major Growth Engine
Allianz SE, the German insurer that stemmed outflows at U.S. asset manager Pimco, is now trying to bulk up on the other side of the world. "Asia is still a relatively small part of the overall global ...
UK Official Argues for New, Post-Brexit UK-EU Banking Regulatory Process
British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain's finance minister Philip Hammond said on Tuesday. Britain, ...
Businesses Win as SCOTUS Limits Again Where They Can be Sued
The Supreme Court on Monday slapped limits on where injury lawsuits may be filed for the second time in three weeks, again siding with businesses that want to prevent plaintiffs from "shopping" for ...
Insurers Say Duke Energy Knew About Coal Ash Risks, Which Negates Payment Obligation
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion dollar coal ash cleanup because the nation's largest electric company long knew about but did ...
Executives On The Move at Chubb, AXIS, BHSI and JLT Re
Chubb promoted an executive in its North American Insurance arm. AXIS Insurance is bringing on a former Zurich executive who will help expand its data/analytics capabilities. JLT Re named a new ...
Drought, Cloud Computing Top Swiss Re’s P/C Emerging Risks
Drought and cloud computing would not necessarily go together, but they do in the world of insurance risk. Swiss Re sees both as the greatest risks property/casualty insurers will face in the coming ...
Brexit Talks Begin; Britain Seeks ‘Special’ EU Ties
Brexit Secretary David Davis arrived in Brussels on Monday to launch talks he hoped would produce a "new, deep and special partnership" with the EU in the interest of Britons and all Europeans. ...