Global Economy
The III Joint Industry Forum Resumes In-Person Dec. 2 After Nearly Two Years
The Insurance Information Institute is resuming in-person events with its Joint Industry Forum 2021 on Thursday, Dec. 2 in Manhattan. This time, as with many post-COVID gatherings, there will be some ...
Executives On The Move at AXA XL, Arturo and QBE
A Chubb veteran signed on to AXA XL to head its Global Risk Management business in the southwestern United States. American Family spinout Arturo hired its first-ever Chief Marketing Officer. QBE ...
Sompo International, Willis Towers Watson Forge New Product Partnerships
Sompo International Holdings is partnering with a company that will help increase proactive management of its global casualty portfolio. Willis Towers Watson and a software partner will launch a new ...
COVID Intrigue: Pfizer Accuses Departing Employee of Stealing Vaccine Secrets
Pfizer Inc has sued a longtime employee for allegedly stealing "scores" of confidential documents, including some related to its COVID-19 vaccine, as she prepared to jump to a competitor. In a ...
Travelers Head Toward Cancellation Mode as Omicron Emerges
Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the Omicron variant of the coronavirus, travel agents said on Monday, threatening an ...
As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best
European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory solvency ratios remained strong. Pandemic factors generally ...
Generali in Early Discussions About Possibly Buying Credit Agricole Subsidiary
Assicurazioni Generali SpA is in early talks on a possible takeover of Credit Agricole subsidiary La Medicale, as part of plans to expand in European non-life and health insurance businesses, ...
Lloyd’s, Travelers, Other Insurers Lose in JPMorgan Appeal Over Bear Stearns Settlement
New York's highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage for $140 million of a U.S. Securities and Exchange Commission settlement with the former Bear ...