Specialty
U.K. Insurer Aviva Targets North America with $402M Canadian Acquisition
Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...
Executive View: Underwriting Tech Drives Service for Agents, Customers
While there are many good reasons to invest in underwriting technology, for Stonetrust Commercial Insurance Company there is really just one primary driver behind everything that we do and that's ...
How to Thrive in the New Age of Underwriting
We are in the midst of a new age of underwriting—an age driven by technology. And the technology-driven era is not only changing the way underwriters work, but it is also transforming the ...
ILS Market Reaches New Record, Again: Willis Capital Markets & Advisory
Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record of $65 billion at year-end 2014, according to the latest ILS ...
Allianz: Business Interruption Remains Huge Risk; Cyber Gaining Fast
Business interruption is the top concern of risk managers heading into 2016 for the fourth year in a row, but cyber is a fast-growing corporate worry, according to a new report from Allianz Global ...
Aspen Buys AgriLogic, Bringing More Changes to U.S. Crop Insurance
Aspen Insurance Holdings snatched up AgriLogic Insurance Services, a Kansas-based crop insurer and agriculture consultant, bring more changes to a sector that has already seen a spike in buying and ...
VW Pressured to Compensate Europe Customers in Emissions Scandal
Germany's justice minister and Europe's industry boss raised the pressure on Volkswagen to compensate European consumers as well as U.S. drivers for its diesel emissions scandal, potentially adding ...
China’s Anbang Insurance Plans More New York Investments
Anbang Insurance Group Co., the Chinese insurer whose almost $2 billion purchase of New York's Waldorf Astoria hotel set a U.S. industry record, isn't done investing in the financial capital. "New ...