Industry News
QBE Hires Ex-Willis Towers Watson Exec Jones to Lead Its North American Operations
QBE has hired a former Willis Towers Watson executive as the new leader for its North American operations. Todd Jones will be taking over as QBE North America CEO on Oct. 1, 2019, after having most ...
Buffett’s Berkshire Hathaway Boosts Amazon Investment Stake
Warren Buffett's Berkshire Hathaway Inc on Wednesday said it boosted its stake in Amazon.com Inc by 11% during the second quarter, increasing its bet on the powerful online retailer even as stocks ...
Executives On The Move at Root Insurance and AXIS Re
Root Insurance made some executive changes, including hiring a new chief financial officer. AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, named a new head of property ...
The Latest Launches From Sompo International and BHSI
Sompo International in Asia plans to use an InsurTech startup's on-demand cloud platform to bring on-demand insurance to Asia. Berkshire Hathaway Specialty Insurance says it updated its Asia ...
China’s Troubled Anbang Insurance Group Puts Japan Properties Up for Sale
China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans ...
Many Reinsurers Take on Increased Catastrophe Risks as Rates Harden
Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates and increase their exposure, according to S&P Global ...
California’s New Data Privacy Law Could Be a Game-Changer
As the nation's most far-reaching data privacy law, California Consumer Privacy Act (CCPA), is set to begin Jan. 1, 2020, businesses and their insurers are preparing for a new era in cyber liability. ...
For Insurers, New Calif. Data Protection Regulation Offers ‘Tremendous’ Opportunity
More than a year after The General Data Protection Regulation (GDPR), a regulation in EU law on data protection and privacy for all citizens of the European Union, was implemented in May 2018, some ...
Executives On The Move at QBE North America and Liberty Mutual
QBE North America named its first-ever Head of Claims. Liberty Mutual standalone unit Liberty Global Transaction Solutions hired a key executive.***
QBE North ...