Industry News
Argo Appoints Interim CEO Rehnberg as Its Full-Time Leader; New Board Chair Named
Argo Group International Holdings has appointed interim CEO Kevin Rehnberg to the job officially, capping what has been a tumultuous year for the Bermuda-based specialty insurer and reinsurer. ...
The Latest Launches From Farmers, Chubb, Octo Telematics
Farmers Insurance said it has started selling auto insurance in South Carolina exclusively through its Farmersdirect.com digital platform. Chubb expanded access of a tool that's useful during ...
IKEA, Seller of Furniture and Meatballs, Now Offers Home Insurance
IKEA, the Swedish global retailer that sells everything from assemble-it-yourself furniture to food, is getting into the home insurance business. Specifically, IKEA said it is partnering with Swiss ...
Arch Grabs Majority Stake in Australia Data Company PMAP
Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it will acquire a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and ...
Chinese Province Launches Specialty Insurance for Businesses Slammed by Coronavirus
China's southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the ...
Generali, Great Eastern Reportedly Interested in AXA-Affin Malaysia Biz
Singapore's Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, ...
Executives On The Move at BHSI and Liberty Mutual
Berkshire Hathaway is bringing on a former Swiss Re executive in a leadership role. Liberty Mutual has a new senior vice president and treasurer. *** A former Swiss Re executive is joining Berkshire ...
Buffett’s Berkshire Hathaway Invests in Biogen and Kroger
Warren Buffett's Berkshire Hathaway Inc. piled funds into biotechnology company Biogen Inc. and supermarket operator Kroger Co. as it trimmed some of its bank wagers in the last few months of 2019. ...