Global Economy
AXA Drops German Power Giant RWE as a Client Due to Coal Operations
AXA SA, France's biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive ...
Generali Hit by Coronavirus Costs, but Upbeat About 2021
Generali is confident it can hit its targets this year after Italy's biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit. Operating ...
Insurers, Reinsurers Ready for Fight Over UK COVID-19 Business Interruption Payments
Top insurance companies, ordered by Britain's highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who ...
UPDATED: Google Hires Deloitte Digital’s Walsh to Lead North America Insurance Business
Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the news on Twitter and LinkedIn. He noted on LinkedIn that he'll be part ...
Tokio Marine Probes Validity of Greensill Insurance Policies Following Finance Firm’s Insolvency
Japanese insurer Tokio Marine Holdings Inc said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill ...
The Latest Launches From Beazley and MS&AD Insurance
Beazley has new D&O coverage options for firms that enable reverse mergers. Cambridge Mobile Telematics teamed with a member of Japan's MS&AD Insurance Group to launch a new usage-based ...
Executives On The Move at Chubb, BHSI and Marsh
Chubb chose a veteran executive to lead its operations in Australia and New Zealand. Berkshire Hathaway Specialty Insurance appointed former executives from AIG and Great American to leadership ...
Microsoft Outlook Patch Not Preventing ‘Active Threat,’ White House Warns
The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp's Outlook email program, saying a recent ...