Markets
For AXIS, Trend Continues of Post-Acquisition Positive Financial Results
AXIS Capital Holdings saw its 2018 second quarter behave very much like the first: healthy gains in net income and premiums written. These gains stem mostly from the Bermuda-based insurer and ...
Commercial Lines Propel Hartford’s Q2 Results
The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 ...
Shared Workspace Leases Increasingly Raise Liability Issues
The amount of office leasing by "coworking" firms in Manhattan is nearing 10 percent of all new leases, a sign of growing demand for short-term contracts by companies seeking workspace but a warning ...
Extreme Weather, Record Temperatures Drag on in Europe and Asia
Extreme weather that's gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that's parched crops and sparked devastating forest fires. ...
Favoring Employees Who ‘Kiss Up’ to the Boss Can Have Negative Consequences
Executives might want to think twice about how they favor employees who "kiss up" to the boss at work to boost their careers. A new Oregon State University study says employees who rely on the ...
Technology and Tariffs: Chubb CEO Greenberg Sounds Off
To carriers seeking to modernize and digitize, Chubb CEO Evan Greenberg has this to say: It's all about scale. Greenberg, speaking during the company's 2018 second quarter earnings call on July 26, ...
MGA Sciemus Is Rebranded and Appoints a New CEO
Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting. "Taking its name from 'Occam's razor,' the problem-solving ...
Canadian Insurer Intact Financial Backs Autonomous Car Startup Geared to Florida Retirees
There's a village in Florida where self-driving cars rule the road, and a Canadian insurance firm wants to come along for the ride. Toronto-based Intact Financial Corp. is investing $3 million in ...