Global Economy
Allianz Debuts Morocco Operations Made Possible by Zurich Sale
The Allianz Group is now officially open for business in Morocco. Its division in the North African Country, Allianz Maroc, formally debuted on Feb. 22. Based in Casablanca, it was previously known ...
Institutional Investors Yanked $469B From Equities in 2016
Institutional investors pulled $468.8 billion out of equities in 2016, a report by the research firm eVestment showed on Tuesday, notwithstanding a rally late in the year that drove stock markets to ...
Global Businesses’ Biggest Risk Fears: Cyber Attacks, Populist-Driven Political Instability
The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries. ...
The Latest Launches From Ironshore, Argo Group and RMS
Ironshore International boosted the capacity for its Terrorism & Sabotage coverage insurance programs. A division of Argo Group International Holdings, combined with a partner, is now offering ...
Executives On The Move at AXIS, The Hanover and Swiss Re
An ex-Beazley executive is joining AXIS Capital Holdings Ltd. in a leadership Role. The Hanover Insurance Group promoted an executive to become the new CEO of Chaucer Syndicates Ltd., its ...
British PM May Watches Quietly as House of Lords Debates Brexit Law
The U.K. House of Lords began debating the draft law that would allow Prime Minister Theresa May to trigger Britain's departure from the European Union, with some members seeking to make changes that ...
Zurich Insurance in Asia Pacific Region Revamps Commercial Insurance Structure
Zurich Insurance has revamped the structure for its Commercial Insurance business in the Asia Pacific Region, following the combination of its Global Corporate and Commercial units into a single ...
Guidewire Closes $160M Deal for Tech Company ISCS, Launches Cloud-Focused Product
P/C software company Guidewire said it has completed its $160 million acquisition of cloud computing tech outfit ISCS, about two months after the deal between the California companies was first ...