Global Economy
Generali U.S. Global Corporate & Commercial Expands Westward
Generali is expanding its U.S. global corporate and commercial operations with the opening of offices in Chicago and San Francisco in a bid to grab more business from U.S. multinational companies. ...
Commercial Insurance Remains a Buyer’s Market: Willis Towers Watson
Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers' market. That reality holds despite potential regulatory and monetary policies pending in ...
Meteorologists: Signs Suggest 2017 Atlantic Hurricane Season Will be Normal
Most meteorologists forecast the 2017 Atlantic hurricane season will be less active than a year ago, with the number of named storms and hurricanes near average. A few meteorologists, however, expect ...
Clunky M&A Deals Are Spurring Uptick in Insurance Claims: AIG Study
Faulty mergers and acquisitions have spurred an uptick in insurance claims as dealmakers overstated profits or breached accounting rules, insurer American International Group Inc. said in a study of ...
Global Insurance Industry Set for Solid Growth in 2017 and 2018: Munich Re Forecast
The global insurance industry is set to grow more strongly an average 4.5 percent annually during 2017 and 2018, according to Munich Re. The number is 3 percent when adjusted for inflation. While ...
UK Investigates Aon, JLT, Marsh and Willis Towers Watson Over Aviation Business
Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. ...
Hamilton CEO Duperreault Emerges as Rumored AIG CEO Candidate
American International Group Inc. is weighing a plan to hire Brian Duperreault as the company's seventh chief executive officer since 2005, according to people familiar with the board's ...
The Latest Launches From Beazley/Munich Re and Allied World
Beazley and a division of Munich Re have linked up to help bring innovation and capacity to the large cyber market. Allied World Assurance Holdings is adding drone services to its risk management ...