Specialty
‘AXA XL’ to Debut When AXA Group Completes $15.3B XL Group Buy
AXA XL is the new name of the division AXA Group will create with its planned $15.3 billion cash acquisition of XL Group, a deal expected to close sometime in the 2018 second half. The name covers a ...
UK Insurers, Banks Must Be Transparent About Data Collection or Face New Rules: UK Regulator
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on ...
The Latest Launches From Willis Towers Watson and W.R. Berkley
Willis Towers Watson said it launched an updated version of its Radar Software, a product the company said improves commercial lines pricing and underwriting by using the latest technology. W.R. ...
Executives On The Move at Hippo and Everest Insurance
California-based InsurTech Hippo hired two new executives and appointed two additional board members. Everest Re Group's Everest Insurance has a new Chief Claims Officer, who was promoted from ...
Markel Hires Ex-Chubb Exec Cox as Part of Leadership Revamp, With Focus on Growth
Markel Corporation is bringing on a former Chubb executive as part of a broader revamp of its leadership structure to boost growth and increase products and services. Robert Cox will join Markel in ...
H1 2018 Generated $7.4B in New Catastrophe Bond Issuance: PCS
Catastrophe bond issuance for the 2018 first half failed to reach the record levels hit over the same period a year ago. The result was still positive and noteworthy, according to a new report from ...
Mobile Phones Are Somewhat Less Risky for Drivers Than Texting
A new study gives a relative break to those drivers who talk on a mobile device while driving versus their peers who text. The finding: People who text while driving are six times more likely to be ...
African Dust Leads to Atlantic Storm Lull
What can give you itchy eyes, replenish the rain forest and bring a hurricane to its knees? Dry and dusty African air. The coffee-colored atmospheric swirl, captured by satellites last week, blew ...