Personal Lines
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 ...
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...
HSBC May Bid for Aviva’s Asian Assets
HSBC Holdings Plc, the bank that shook up its senior leadership this month, is considering a bid for Asian operations being sold by Aviva Plc as it seeks ways to diversify its business in the region, ...