Reinsurance
MarshMcLennan Fills Talent Pool in Wake of Marked Disruption Caused by Aon-Willis Merger
It has not happened yet but the proposed merger of large global insurance brokers Aon and Willis Towers Watson is already being felt at competitor MarshMcLennan. MarshMcLennan is capitalizing on the ...
Insurers Reluctantly Will Abide by New Credit Scoring Ban
The American Property Casualty Insurance Association said its insurers will following the law where it concerns Washington Insurance Commissioner Mike Kreidler's emergency regulation banning the use ...
Chubb CEO Greenberg: Company Looks at Lots of M&A Opportunities ‘Every Year’
Chubb's recent failed attempt to acquire The Hartford may have gotten a lot of play in the industry and business press, but Chairman and CEO Evan Greenberg said the company explores potential M&A ...
SEC Mulls New Guidance to Rein in Growth Projections for Reverse Merger Companies
U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to ...
Aon’s $30B WTW Bid Will Reportedly Win EU Approval Without More Concessions
Insurance broker Aon is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson without having to offer more concessions, people familiar with the matter said. ...
Arch Partners With Non-Profit to Increase Women in Technology Positions
Arch Capital Group will partner with a non-profit dedicated to boosting the number of women in insurance technology positions. The Bermuda-based insurer and reinsurer said it would link up with Women ...
Insurance Fraud Bureau, Shift Technology to Develop AI-Based Fraud Detection System
The Insurance Fraud Bureau and Shift Technology will partner on developing a new fraud detection system for the UK insurance sector. Expectations are that the new platform will be in play by early ...
American Family Spinout Arturo Raises $25M to Expand AI-Driven Predictive Analytics Platform
American Family Insurance spinout Arturo pulled in $25 million in venture financing – a big boost to the company's AI-driven, property-centric predictive analytics platform. "A deeper property ...