Industry News
Allianz, Standard Chartered Bank Seal Asia Distribution Deal
German insurer Allianz and Standard Chartered Bank on Thursday announced a 15-year agreement to distribute Allianz's general insurance products in Hong Kong, Singapore, Malaysia, Indonesia and China. ...
How Trump Presidency Might Boost Carrier Top Lines by Billions
As the United States politically veers to the right with the inauguration of Donald Trump as president, a Republican-controlled Congress and a majority of Republican governorships, the economic ...
Markel Corp. Partners With Next Insurance to Target Personal Trainers
Specialty insurer Markel Corp. has partnered with online small-business insurer Next Insurance to offer tailored coverage for personal trainers. Personal trainers can buy insurance online with Next ...
OneBeacon Is Reportedly Soliciting Offers From Rival Insurers
OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently ...
State Auto, Munich Re America CEOs Sound Off at P/C Insurance Joint Industry Forum
President-elect Donald Trump was just one of many things on the minds of property/casualty insurers at this year's Insurance Information Institute Property/Casualty Insurance Joint Industry Forum, ...
Executives On The Move at Allianz, CNA, SCOR and More
Allianz Global Corporate & Specialty promoted two executives. CNA appointed someone to lead efforts involving Commercial Underwriting for Errors & Omissions, Cyber and Media. SCOR made four ...
Marsh & McLennan Acquires Large Southeast Broker J. Smith Lanier
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of Marsh, has agreed to acquire West Point, Ga.-based J. Smith Lanier & Co., one of the nation's largest, privately held ...
Supreme Court to Weigh Legality of Employee Arbitration Agreements
The U.S. Supreme Court last Friday agreed to consider whether companies can head off costly class action lawsuits by forcing employees to give up their right to pursue work-related legal claims in ...