Markets
Executives On The Move at Validus and The Hartford
Validus Holdings Ltd. made a number of executive appointments following a reorganization into three major divisions. The Hartford named one of its executives to lead Personal Lines. *** Validus ...
Zurich Will Pay $2.14B to Snatch Up ANZ’s Australia Life Insurance Biz
Zurich Insurance Group said it will pay more than $2 billion to acquire the life insurance business from an Asia Pacific-based bank. Zurich's $2.14 billion deal to buy OnePath Life from ANZ ...
Q3 U.S. Commercial Insurance Prices Remain Flat Once Again: Willis Towers Watson
U.S. commercial insurance prices stayed virtually flat in the 2017 third quarter, the ninth straight quarter where this has happened, according to a new Willis Towers Watson survey. Prices averaged ...
UK Minister Asserts Future Governments Can Change Brexit Terms
British voters will be able to change the terms of the country's relationship with the European Union after leaving the bloc if they don't like the final Brexit deal, senior cabinet minister and ...
Paris Climate Change Pact Lives On Under Macron’s Leadership
French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At ...
Growth Ahead as State Auto Exits Specialty Biz
A complete digital transformation is taking shape at State Auto Insurance, where efforts to turn around several years of underwriting losses have also meant exits of certain part of the business. ...
Standing Up a New Insurance Carrier: Super Regional State Auto Goes Digital for Real
A lot of property/casualty insurers are talking about digital transformations these days but the change taking shape at a midsized super regional carrier in Columbus, Ohio is different from the rest, ...
Kobe Steel Slammed With Lawsuits Over Data Tampering Scandal
Kobe Steel Ltd said on Friday it has been hit with lawsuits over its data tampering scandal and has had two more badges of industrial quality removed, the latest setbacks for the Japanese steelmaker ...