Specialty
Most Insurers Envision at Least One Acquisition in 2017: KPMG Survey
A large majority of insurers plan to pursue acquisitions or divestitures through 2017, according to a new KPMG report, indicating that late-2015 and 2016 deal-making wasn't a fluke. About 84 percent ...
Executives On The Move at AGCS and Alliant
Allianz Global Corporate & Specialty named one of its existing executives as the new global head of Cyber. Alliant brought in a new executive who will help design and launch risk management and ...
The Latest Launches From Everest Insurance, Lloyd’s and Verisk’s Arium
Everest Insurance boosted its environmental coverage with a new policy form. Lloyd's teamed up with a modeling company to launch a tool that will help insurers and reinsurers model liability exposure ...
EU May Force UK to Wait Until June for Start of Brexit Talks
The European Union is considering forcing the U.K. to wait until June for formal negotiations to begin on the terms of Brexit, eroding the time Prime Minister Theresa May has to land a deal, ...
Cities Propel Past Central Governments in Race to Curb Climate Change
Cities from Oslo to Sydney are setting goals to curb climate change that exceed national targets, causing tensions with central governments about who controls policy over green energy and transport ...
Hiscox USA Introduces Small Business Workers Comp Policy in California
Specialty insurer Hiscox USA has launched a new workers compensation insurance program for small businesses in California. The policy covers medical benefits and wages should an employee suffer an ...
Executives On The Move at XL Catlin and W.R. Berkley Corp.
XL Catlin promoted an executive who will lead its Global Risk Management division in the insurer's North Central region. W.R. Berkley's board nominated a new director to stand for election at the ...
Luxembourg Is Benefiting as Financial Firms Plan for a Post-Brexit World
Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.'s exit from the European Union, as insurers, asset managers and financial-technology ...