Markets
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
Tech Innovation Top Growth Prospect for Reinsurers: Guy Carpenter Survey
Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a new survey by Guy Carpenter & Co. LLC, global risk and reinsurance specialist ...
P/C Industry Warns China’s New Cybersecurity Law Could Hamper Foreign Business
China's new wide-ranging cybersecurity law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and experts alike caution that it will create ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Scotland Plans to Join Brexit Legal Challenge
The Scottish government will seek to join a Brexit legal challenge, adding to the growing number of voices calling for a vote in Parliament before Prime Minister Theresa May can trigger the two-year ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...
Executives On The Move at XL Catlin, Kemper and Arch Insurance Group
XL Catlin promoted two executives in the U.S. and Bermuda. Kemper hired a former AIG executive to lead a key business line, and another at the company has been promoted. Arch Insurance Group named ...
Zurich Combines North America Commercial, Global Corporate Units; Horgan to Lead
Zurich Insurance Group continues its ongoing effort to reorganize and streamline with news that its North America Commercial Markets and Global Corporate businesses will combine into one division. ...