Global Economy
QBE in Hong Kong: Insurer Will Distribute General Insurance Cover Through Manulife Agents
QBE will start supplying general insurance products in Hong Kong for distribution through Manulife's agents. The exclusive distribution agreement is between divisions of both companies: Manulife ...
Swiss Re Q2 Profit Hampered by Higher Catastrophe Claims
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
The Latest Launches from Willis Towers Watson and Beazley
Willis Towers Watson updated its Radar pricing software. Beazley expanded its event cancellation coverage for political violence and incidents of terrorism. *** Willis Towers Watson released a new ...
Executives On The Move at BHSI and AXIS
Berkshire Hathaway Specialty Insurance named a new executive to lead and launch its cyber liability product line in New Zealand. AXIS Capital Holdings hired a former CNA executive for a senior, U.S. ...
AIG’s U.K. Arm Adds Brexit Coverage For Anxious Execs
American International Group is coming out with new Brexit coverage in the U.K for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG ...
Chubb CEO Evan Greenberg: 60 Mid-Level Managers Left Since M&A Deal Announced
Chubb Chairman and CEO Evan Greenberg insists that just 60 mid-level managers have departed since the insurer's now-completed $30 billion merger with ACE Ltd. was first announced a little over a year ...
Chubb Takes Q2 Storm Hit; CEO Greenberg Slams Protectionism, Anti-Immigation Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Post-Brexit, Ireland Moves Quickly to Lure UK Financial Jobs
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month ...