Specialty
Chubb Soars in 2017 Despite Catastrophe Cost Challenges
Chubb ended 2017 in relatively solid shape, challenged by wildfire-related catastrophe costs but buttressed by a one-time gain from the Trump tax cuts. The insurer booked $1.5 billion in net income, ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
General Liability Underwriters Poised to Fill Drone Coverage Gap
With traditional aviation insurance policies unlikely to address all emerging risks from the rapid jump in drone use, general liability underwriters are poised to fill the gap, according to a new ...
VW Supervisory Board Seeks Inquiry Into German Automaker Diesel Fume Tests Involving Monkeys
Members of Volkswagen's supervisory board have called for an inquiry into tests in which monkeys were exposed to toxic diesel fumes, German media reported on Monday. The New York Times reported on ...
Share Your Story: Sexual Harassment and the Workplace
From Hollywood to the corporate world, sexual harassment — the making of unwanted sexual advances or obscene remarks — is drawing greater public scrutiny than ever before. Victims (mostly women) ...
Executives On The Move at CNA, RSA and Ping An Insurance
CNA appointed three executives to new positions within its Commercial Insurance unit. RSA's UK & International business named two executives focused on global and commercial risks. China's Ping ...
U.S. Tax Cuts Will Test Bermuda’s Insurance/Reinsurance Model: Fitch
The Bermuda insurance/reinsurance model will be tested following U.S. tax forms and the continuing challenges of competitive market conditions, according to a report by Fitch Ratings. The cut in the ...
VC Firm Backed by Ex-Intelligence Chiefs Plans EU-Wide Cybersecurity Firm
A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cybersecurity specialist. C5 Capital aims to create a ...