Personal Lines
Can InsurTechs Follow Uber’s Path? There May Be Pitfalls
Uber Technologies Inc. announced its first quarterly results as a public company with an operating loss of over $5 billion in the quarter. The company is emblematic of the growth-at-all-costs model ...
Analysts Curious About AIG 200 Transformation Initiative; Details Wanted
Less than two years after Brian Duperreault took the helm at American International Group, his first big accomplishment has become clear: The carrier's P/C business is on track to produce an ...
Luxury Electric Cars More Likely to Cause Accidents Than Standard Engine Counterparts: AXA Research
Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their ...
Allianz Pays $738M For General Insurance Assets of SulAmerica in Brazil
Allianz SE agreed to pay 667 million euros ($738 million) for the general-insurance assets of SulAmerica, a deal that will make the German firm Brazil's second-largest provider of motor insurance. ...
Speeding Is Riskiest of all Bad Driving Behaviors: Research
Speeding is the riskiest kind of aggressive driving, according to an analysis of data from on-board telematics devices in vehicles. Researchers at Canada's University of Waterloo examined data from ...
Large Cities Must Invest Billions of Dollars More to Secure Citizen Data: Study
The world's largest cities need to invest billions of additional dollars into their infrastructure in order to secure citizen data, new research suggests. Of the roughly $135 billion expected to be ...
Wildfires Run Amok in Brazil’s Amazon Rainforest
There are no lights in sight but the night sky glows a dusky yellow, for the Amazon is burning. The smell is of barbecue, of wood charcoal up in flames. During the day the sun, usually so fierce in ...
Executives On The Move at Everest Insurance, Willis Towers Watson and Marsh
Everest Insurance added two executives to its Excess Casualty team. Willis Towers Watson appointed an executive within its Insurance Consulting and Technology (ICT) business. Marsh made some new ...