Specialty
Global Reinsurance Market Outlook Upgraded to Stable: A.M. Best
A.M. Best has upgraded its outlook for the global reinsurance market to stable from negative, citing greater market stability and the benefits that alternative capital brings to the table. Stability ...
Brexit Vote Places UK Future at Stake, EU Negotiator Argues
The British parliament's vote on Prime Minister Theresa May's Brexit deal will determine the future of the country, the chief EU Brexit negotiator said on Thursday, insisting that the deal was the ...
Public Transit Liability Claim Severity Is Rising: Aon
Nationally, public transit systems are seeing a steady increase in liability claim severity, even as ridership declines, according to a new study from Aon. Aon's study found that overall public ...
Executives On The Move at AIG and Swiss Re
American International Group appointed a veteran of MetLife Japan to lead its Asia Pacific General Insurance arm. Swiss Re Corporate Solutions promoted an executive to be head of Excess & Surplus ...
Waymo’s Self-Driving Taxi Service Starts in Arizona, Relying on Passenger Fees
Alphabet's Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, ...
Executives On The Move at Hamilton Insurance Group and Everest Insurance
Hamilton Insurance Group appointed a new executive who will be focused on strategy and corporate development. Everest Insurance hired a vice president focused on marketing and distribution.
Online Insurance Platforms Foster Both Good and Bad Situations: Geneva Association
Online platforms can foster insurance market transparency and reduce both transaction costs and information asymmetries, factors typically associated with increased competition and societal welfare. ...
UK Can End Brexit If It Wishes, According to EU Top Court Opinion
The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union's top court that will fuel the campaign to thwart the divorce. The opinion, which isn't binding, ...
The Latest Launches From Progressive, AXA XL and Starr Insurance Companies
Progressive Insurance is now offering its small business customers the option of an online marketplace for cyber coverage. AXA XL, meanwhile, added complimentary proactive cybersecurity services for ...