Markets
InsurTech Investment Remained High in a Robust Q2: Willis Towers Watson
InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, ...
U.S. Judge Slashes $2B Roundup Verdict Against Bayer to $86M
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer, Roundup, for their cancer to $86.7 million. ...
Insurance has always been about helping people and businesses navigate uncertainty. While most insurance policies cover familiar exposures like property,...
Increasing Fears of No-Deal Brexit Lead to Pound Tumble
The pound and gilt yields slid to multi-year lows as U.K. Prime Minister Boris Johnson stepped up preparations for a no-deal Brexit with just about three months left until the nation exits the ...
How Cyber Insurance Will Reshape Cybersecurity
Cybersecurity is broken. It's a bold statement, but given the increasing frequency of cyber breaches, along with the presence of more varied and evolving threats, there is growing uncertainty about ...
The Details on Arturo, a Deep-Learning Property Analytics Startup Actively Seeking Financing
Arturo's emergence was a bit atypical in terms of how the birth of an InsurTech has typically gone. Rather than beginning life as a pure play standalone startup, Arturo spun out of American Family ...
AIG’s Waldner Named as Insurer’s First-Ever Chief Sustainability Officer
A veteran American International Group executive has been named its first-ever Chief Sustainability Officer. In this role, Jennifer Waldner will be tasked with leading the development and ...
Argo Group Warns Q2 Earnings Will Take a Hit
Argo Group International Holdings Ltd. is warning that its results for its 2019 second quarter will take a hit due to losses affecting operations in London, Europe and Bermuda. Issues at play ...
GM’s Self-Driving Unit Delays Robotaxi Rollout Plans
General Motors Co.'s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of ...