Markets
Zurich Reportedly Joining Wave of Companies Cutting Malaysia Stakes
Zurich Insurance Group AG is working with advisers to cut its stake in its Malaysian life insurance unit, people with knowledge of the matter said, joining a wave of foreign players planning over $2 ...
Investment Gains Help Boost W.R. Berkley’s Q1 Results
Save for some struggles with reinsurance, W.R. Berkley Corp. reported solid numbers for the first quarter. The company said an ongoing strategy to minimize volatility and a big gain in investment ...
Executives On The Move at Sompo International and Erie Insurance
Sompo International Holdings promoted one of its veteran executives to a newly created position, and he'll also keep his existing leadership slot. Erie Insurance promoted one of its rising executives ...
The Latest Launches From Beazley, Travelers and Munich Re America
Beazley added a helpline to help UK policyholders evaluate coverage affected by the new General Data Protection Regulation. The Travelers Companies Inc. now has new digital capabilities within its ...
Chubb CEO Greenberg Disses ‘Overpriced’ M&A Market, Lloyd’s Underwriting Practices
Don't expect Chubb to pursue an acquisition anytime soon. Chairman and CEO Evan Greenberg repeatedly downplayed the possibility of one in what he referred to as an "overpriced" market. "The prices ...
Corporations Shielded From Human-Rights Suits in New SCOTUS Ruling
The U.S. Supreme Court ruled that victims of overseas atrocities can't use a centuries-old law to sue foreign corporations for complicity, blunting what once was a favorite legal tool for ...
How Cyber Accumulations Affect Insurers’ Books
More companies are implementing cyber risk management strategies and considering cyber insurance. As a result, experts are projecting premiums for such insurance protection to reach $7.5 billion by ...
Arch Re Will Pass Runoff Liabilities Onto Catalina General Insurance
Arch Reinsurance Ltd. said that its runoff liabilities from some discontinued operations will now be handled by Catalina General Insurance Ltd. The reinsurance transaction specifically involves some ...