Industry News
Allianz to Grab Westpac’s General Insurance Unit for $535M
Australia's Westpac Banking Corp will sell its general insurance arm to German insurer Allianz for A$725 million ($535 million), it said on Wednesday, further trimming its portfolio to beef up ...
Set Boundaries and Embrace Self-Compassion to Avoid Burnout
Work can take over our lives if we let it, upping our stress levels and causing us to burn out while also taking a toll on our personal relationships. Setting firm boundaries, practicing ...
The Latest Launches From Slice Labs and AXA XL
Slice Labs is linking with a Nationwide MGA to develop and distribute digital, on-demand insurance. AXA XL's North America Construction insurance business launched a new digital platform. *** Slice ...
Ant Group’s Massive, Suspended IPO in Limbo as China Overhauls Fintech Rules
The chances that Jack Ma's Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ...
Combined Ratios Still Better Than Breakeven Through Nine Months
In separate analyses published yesterday, both AM Best and Fitch Ratings reported double-digit drops in operating income for North American property/casualty insurers through nine months but said ...
EverQuote Mourns Passing of Co-Founder Birnbaum
Seth Birnbaum, the Co-Founder and CEO of the Cambridge, Mass.-based online marketplace EverQuote passed away on Saturday, according to a statement released by the company on Sunday. Expressing ...
D&O Insurance Underwriters Scrutinize Diversity as Lawsuits Climb
Insurers in the United States are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits over a lack of diversity among top executives ...
The COVID BI Scorecard: Insurers Win Most, But Not Undefeated
In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen professional baseball teams and an iconic ...