Industry News
Fitbit Needed: John Hancock Moving Fully to Interactive Life Insurance Dependent on Devices
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health ...
Hurricane Florence and Business Interruption: Floods Delay Shipments at Port of Wilmington
The Port of Wilmington in North Carolina remains shut in the aftermath of Hurricane Florence, freezing shipments of everything from fertilizer to textiles. Florence dropped as much as 40 inches (102 ...
Executives On The Move at AXIS, BHSI and The Hanover
AXIS Capital Holdings appointed a new leader of divisions that handle business in Ireland. Berkshire Hathaway Specialty Company expanded its leadership team in Dubai with a number of executive and ...
UK PM May Appeals to EU for Brexit Goodwill
Prime Minister Theresa May will call on the European Union to show "goodwill and determination" to avoid a disorderly Brexit, urging them to get behind Britain's offer of a "fair arrangement," a ...
Insurers Globally Are Upbeat About Taking on More Investment Risks
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment adviser BlackRock. Almost half (47 ...
London Mayor, Critical of Brexit Negotiations, Calls for Second Referendum
London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, saying the prime minister's handling of Brexit negotiations had become "mired in confusion and ...
BHSI Opens Second Office in Germany
Berkshire Hathaway Specialty Insurance is expanding operations in Germany. The insurer said that it has opened a new office in Munich, adding to existing operations in Dusseldorf. Both offices will ...
Direct Distribution, Car Technology Advances Transforming Personal Auto Insurance
Technological advances in personal auto insurance distribution and vehicle safety are helping to drive significant transformation of the sector over the coming months and years, Conning said in a new ...