Markets
Generali Commits More than $4B for Acquisitions, Growth Options
Generali has earmarked up to four billion euros ($4.5B) or acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings. Italy's top ...
Anbang Insurance Reportedly Hiring Bank of America to Sell U.S. Luxury Hotel Group
Anbang Insurance Group Co. has hired Bank of America Corp. to help sell a portfolio of U.S. luxury hotels formerly known as Strategic Hotels & Resorts Inc. as it continues to reverse a global ...
Global Property, Mortality Protection Gap Hits $500B: Swiss Re
Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re's latest sigma study. Swiss Re's report said that the figure illustrates increasing ...
Executives On The Move at The Hartford, Arch Insurance, Guy Carpenter and American Financial
Arch Insurance made a number of new executive appointments. The Hartford appointed a former Liberty Mutual executive to lead its Small Business Innovation Lab. Guy Carpenter is getting a new ...
AXA XL Advances Alternative Capital Biz by Buying 100% of New Ocean
AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. New Ocean is ...
Brexit Turmoil Increases Likelihood of Widespread UK Business Interruption Risks
British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a ...
This Year’s Thanksgiving Weather Risks: Fires, Flooding, Record Cold, Gusty Winds
Fires and flooding on the West Coast, record cold and gusty winds on the East Coast. Brace yourself for Thanksgiving week, 2018. Northern California could get as much as 7 inches (18 centimeters) of ...
USAA Tops List Ranking Insurers’ Reputations
USAA Insurance has the highest and best overall reputation among insurers, according to a new report from the Reputation Institute. The insurer landed in the top spot based on criteria including ...