Markets
Swiss Re, Citing Weak Demand, Suspends IPO of ReAssure Unit
Swiss Re AG said it suspended the initial public offering of ReAssure Group Plc, as a plan that would have put a value of as much as $4.1 billion on the U.K. unit fizzled due to weak investor demand. ...
Hippo Partners With American Family AI Spinout Arturo to Boost Digital Underwriting Processes
Hippo Insurance hopes to boost its digital underwriting and customer service processes through a new partnership with Arturo, a deep-learning property analytics company spun out from American Family ...
Executives On The Move at Zurich, BHSI and CSAA Insurance Group
Zurich Insurance Group appointed a relatively new executive to a leadership role for Europe, the Middle East and Africa. Berkshire Hathaway Specialty Insurance named a new Country Manager for Germany ...
Louisiana Is at Risk From Heavy Rain and Possibly Hurricane Barry
A gathering storm in the Gulf of Mexico that's already flooding New Orleans could grow into a hurricane before slamming into Louisiana this week, drenching the region with as much as a foot of rain. ...
Kemper Signs Marketing Agreement With Hagerty for Classic Collectors Vehicle Biz
Kemper Corp. said it will move its Classic Collectors auto business to Hagerty, a Michigan agency specializing in the coverage. The change is happening by way of a marketing agreement, where ...
Volvo Makes Viable Limited Use of Commercial Autonomous Trucks
Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment. Driverless ...
Marriott’s Massive Privacy Breach Could Lead to a $124M UK Fine
The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the U.K. cracked down on privacy breaches with its second major ...
Expertise and Investment: What Munich Re Digital Partners Brings to InsurTech Partnerships
Three years may not be a long time, but the head of Munich Re Digitial Partners in North America says his operation has made the most of it. David Brune became CEO of Digital Partners' North American ...