Markets
Allianz Late to Party in Tapping Asia as Major Growth Engine
Allianz SE, the German insurer that stemmed outflows at U.S. asset manager Pimco, is now trying to bulk up on the other side of the world. "Asia is still a relatively small part of the overall global ...
Cyber Risk Rating Principles Emerge From U.S. Banks, Others
More than two dozen U.S. companies, including several big banks, have teamed up to establish shared principles that would allow them to better understand their cybersecurity ratings and to challenge ...
The Latest Launches From Travelers, PURE and Markel
Travelers is offering an online system in the UK to provide quick management liability quotes. PURE has expanded its E&S homeowners coverage to South Carolina. Markel UK has introduced new ...
A Pop-Up Lab Project: The Washington State Transit Insurance Pool Example
"On many of our projects, we work with tech startups and our clients," said Wendi Bukowitz, Innovation Lab leader at Munich Re, US. "We work with tech startups because the future of risk management ...
Tropical Storm Cindy Poised to Dump Heavy Rain in Four States
Tropical Storm Cindy emerged in the Gulf of Mexico with top winds of 45 miles (72 kilometers) per hour. So far, disruptions to oil and gas operations have been limited. The storm prompted watches and ...
More Flood Insurance Bills to Come after Two Advanced by House Committee
The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private ...
USAA’s Insurance Arm, Mercedes-Benz Tie at Top of Customer Service Ranking
USAA is once again a standout in terms of its customer service scores compared to other industries, based on the Temkin Group's latest ranking. The Texas-based financial services group whose ...
UK Official Argues for New, Post-Brexit UK-EU Banking Regulatory Process
British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain's finance minister Philip Hammond said on Tuesday. Britain, ...