Specialty
Climate Change Stress Tests Coming in France for Insurers, Banks
France's financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly ...
Volkswagen Confronts Giant UK Emissions Class Action Lawsuit
Volkswagen AG is facing one of the largest-ever U.K. class action lawsuits, with almost 100,000 vehicle owners accusing it of misleading them by installing emissions-cheating software that made it ...
China’s Ping An Insurance Plans $500M U.S. IPO for OneConnect Arm
Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its ...
Zurich CEO Greco Reportedly Knocks Cross-Border Mergers
The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe's fifth-biggest insurer Zurich said in a newspaper interview on ...
InsurTechs to Watch (The Distribution Channel): Hyperion X
Hyperion X, might not fit some definitions of InsurTech, which typically refer to standalone startups backed by venture capital investors. But like startups that easily fall under the "InsurTech" ...
Executives On The Move at Everest Insurance and AmTrust Financial Services
Everest Insurance added four new executives to its Financial Lines Team as part of a broader expansion of the line. AmTrust Financial Services appointed a new Head of Litigation.
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
MS Amlin Reorganizes Operation, Shifts Leadership
MS Amlin, the London-based insurer and reinsurer, is rolling out a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize ...
U.S. Prosecutors to Pursue Criminal Probe of 6 Pharma Companies Over Opioid Shipments
Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare ...