Markets
Warning to U.S. P/C Insurers: Be Ready for a Disruptive, Transformative 2016
U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and "heightened regulatory creep," EY said in a new ...
Allianz Revving Up North America Motorsports Coverage for New Year
In the U.S., motor racing is a surging business attracting increased attention and spending. Allianz Global Corporate & Specialty wants a piece of the action, and expects to launch a dedicated ...
The Latest Launches from Ironshore, Allied World, Navigators and More
Ironshore, Allied World, Navigators Group and Aon Benfield all have new products this week. *** Ironshore International is rolling out a hybrid insurance product designed to address clients such as ...
German Auto Supplier Sued Over Alleged Role in VW Diesel Emissions Scandal
German auto supplier Robert Bosch GmbH has been accused of conspiring with Volkswagen AG to evade diesel emissions standards in at least 11 million vehicles worldwide in a class action lawsuit filed ...
Executives On The Move at Berkley, ACE and OneBeacon
W.R. Berkley Corp. named a new senior vice president with an international focus, ACE Group appointed three people who will help grow its Middle East and North Africa business, and OneBeacon ...
‘Westchester’ is ACE/Chubb’s Combined North America E&S Wholesale Business
ACE Limited, mapping out logistics of its planned $28 billion Chubb acquisition, will combine several divisions from both companies into a new North America excess and surplus lines wholesale ...
Zurich’s Generous Dividends Could End in Wake of Senn’s Departure
As Zurich Insurance Group AG begins the search for a chief executive officer, investors may need to prepare for more than a new face. An end to the company's generous dividends could also be on the ...
Alleghany’s TransRe Commuting A&E Cover; Paying AIG, Berkshire $400M
Weston Hicks's Alleghany Corp. will pay $400 million to wind down reinsurance deals with American International Group Inc. and Warren Buffett's Berkshire Hathaway Inc. for policies that date back ...