Markets
China’s Anbang Insurance Group Draws Multiple Bidders for $200M in Japanese Real Estate
Anbang Insurance Group Co Ltd aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP, about two years after buying them from the U.S. investment firm, two ...
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...
The Latest Launches From AXIS and Starr
AXIS Insurance and a partner will provide environmental risk products for contractors, consultants and engineers in the United States. Starr Insurance Companies is now marketing a monoline general ...
Opinion: Climate Change Costs Could Be Even Higher Than Some Predict
The potential costs of climate change, already the subject of heated debate, may actually be understated. It's not just the potential disruptions to weather systems, agriculture and coastal cities; ...
Mistrial: J&J Talc Cancer Case Ends With Divided Jury
Johnson & Johnson's latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn't agree on a verdict. A state judge in Pasadena, California, declared a ...
Creating Frankenstein’s Monster: Lessons in Insurance Innovation and Risk
Of course, it was George's idea and for once not one of his famously mad, bad and dangerous ones. Stuck indoors in the "summer of darkness"—the wettest, coldest June on record, the impact on Lake ...
Executives On the Move at Chubb, AXA XL and Cooper Levenson
Chubb named a new head of North American Property Claims, as the old one plans a retirement at the end of 2018. AXA XL named a new key executive in the wake of AXA's acquisition of XL Group. A ...
Geopolitical Tensions Driving Political Risk Losses Higher Around the World
Political risk losses are rising around the world, thanks largely to rising geopolitical tensions, according to a new survey from Willis Towers Watson and Oxford Analytica. Approximately 55 percent ...