Specialty
AIG, Allianz Stand to Gain From Nestle’s $2.3B India Noodle Mess
As Nestle SA slugs it out with India's food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers. The local unit of American ...
Hackers Commandeer Moving Jeep; Fiat Chrysler Offers Software Patch
Fiat Chrysler Automobiles NV is offering a software patch to close a loophole that let two hackers take control of a moving Jeep sport utility vehicle in an incident spotlighting the vulnerability of ...
MGAs Next to Feel Capital Markets Impact: AmWINS’ DeCarlo
Now that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents may be next to feel the negative impact of new ...
ACE’s Greenberg: Chubb Merger Talks Worked Well With Alcohol
ACE Ltd. Chief Executive Officer Evan Greenberg, who agreed this month to buy Chubb Corp., said integration talks went well with management at the target company, at least after drinks were served. A ...
French Insurer AXA Wants to Buy Genworth’s Lifestyle Protection Arm
Axa SA is in exclusive talks with Genworth Financial Inc. to buy its lifestyle protection insurance business for 475 million euros ($520 million) to create the third-biggest player in the European ...
Catlin’s Merger Driver: ‘A Duty of Care’
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 The unexpected combination of XL Group and Catlin came after two years of trust-building communication between the leaders of the ...
Hiscox USA Brings On New Chief Underwriting Officer
Hiscox has named a new chief underwriting officer for its fast-growing U.S. unit. Nicole Goodwin will be based in Hiscox USA's New York City office. She replaces Gary Head, who will head to London to ...
Seven Companies Join Ward’s Annual Top 50 P/C Ranking for 2015
There are only three companies that have made it onto an annual list of 50 top property/casualty insurance performers for 25 straight years, according to the list's publisher, Ward Group. Ward ...