Markets
UPS Tests Delivery With Octocopter Drone
United Parcel Service Inc. sees a day when your latest purchase may be dropped off not by a brown-clad delivery driver, but by an octocopter drone. The world's largest courier took a step closer to ...
Allianz Debuts Morocco Operations Made Possible by Zurich Sale
The Allianz Group is now officially open for business in Morocco. Its division in the North African Country, Allianz Maroc, formally debuted on Feb. 22. Based in Casablanca, it was previously known ...
IVANS Releases ‘Market Insights’ Index of Renewal Premium Changes
In conjunction with the recent introduction of some carrier-focused digital distribution tools, IVANS also unveiled "Market Insights," delivering an IVANS index of data on renewal premium changes to ...
AIG Will Unload Vermont Ski Slope Asset for $50M
Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado-based company that ...
Environmental Worries Dominate 2017 U.S. Property Insurance Risk Concerns: Marsh
Insurers in the U.S. property insurance market may want to consider that three of the five major risks Marsh has highlighted as big worries in 2017. Wildfires, global flooding and earthquakes are all ...
Institutional Investors Yanked $469B From Equities in 2016
Institutional investors pulled $468.8 billion out of equities in 2016, a report by the research firm eVestment showed on Tuesday, notwithstanding a rally late in the year that drove stock markets to ...
Global Businesses’ Biggest Risk Fears: Cyber Attacks, Populist-Driven Political Instability
The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries. ...
The Latest Launches From Ironshore, Argo Group and RMS
Ironshore International boosted the capacity for its Terrorism & Sabotage coverage insurance programs. A division of Argo Group International Holdings, combined with a partner, is now offering ...