Specialty
Liberty Mutual’s Q3 Net Income a Robust $282M, Thanks to Fewer Catastrophes
Liberty Mutual and its subsidiaries reported net income of $282 million and $1.911 billion for the three and nine months ended Sept. 30, 2018 versus net loss attributable of $665 million and $188 ...
Progress Made on Plan to Give London’s Financial Industry Post-Brexit, Basic Access to EU
The United Kingdom and the European Union have made progress on a deal to give London's dominant financial center basic access to EU markets after Brexit, two British officials said, but no agreement ...
QBE Creates Three Global Units in Structural Revamp; Exec Teams Named
QBE announced changes to its structure, designed to further simplify its operations and build a more streamlined, agile and customer-oriented business. Following the underwriting remediation in Asia, ...
The Latest Launches From Chubb and Next Insurance
Chubb has started using its digital platform to sell insurance products for the small commercial market. Next Insurance now markets a general contractor insurance policy for small ...
For RenRe CEO O’Donnell, Acquiring Tokio Millennium Re Is All About Independence
RenaissanceRe's planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to Kevin O'Donnell, president and CEO of RenRe. "The ...
PCI Annual Meeting: Regulators Sound Off on InsurTech, Driverless Vehicles and More
Insurance regulators from Florida, South Carolina and Tennessee assert that they're working well with innovators seeking to bring InsurTech into company operations and customer interactions. "There ...
Mudslides Following Typhoon Yutu Devastation in Phillippines Kill 10 People
At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to ...
Global Insurance M&A Activity Rose in H1 2018, Fueled By Mega Deals
Global insurance mergers and acquisitions rose to 37 billion euros in the first six months of 2018, with a host of mega deals resulting in the highest first-half total since the financial crisis, a ...