Industry News
2015 Was Safest Year for Shipping in the Last Decade: Allianz
The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global Corporate & Specialty (AGCS), with 85 total losses reported worldwide last year, down ...
Post-Merger Chubb Covets More of the High Net Worth Market Pie
Its acquisition of Fireman's Fund's business in April, 2015 provided ACE Ltd. with an idea of what's involved in integrating two leading high net worth insurance businesses. Frances D. O'Brien is now ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
Fitch Recommends Slower P/C Insurance Embrace of Cyber Risks
Cyber risk may be the fastest growing segment in property/casualty insurance, but carriers should be measured about boosting their presence in the space, Fitch Ratings warned in a new report. Why go ...
Chubb Finalizes Bermuda Leadership Team, Renames Division
Chubb said it has rounded out the new leadership team for its Bermuda-based operations and also plans to rename the division. Both actions follow the nearly $30 billion merger of ACE Ltd. and Chubb ...
France’s AXA is Latest Insurer with CEO Change; De Castries Retirement Date Set
Axa SA Chairman and Chief Executive Officer Henri de Castries is leaving earlier than expected, handing over the post of CEO to Thomas Buberl as France's largest insurer splits its top jobs. De ...
Uber Wants to Buy Self-Driving Cars: Report
Ride-hailing service Uber has sounded out car companies about placing a large order for self-driving cars, an auto industry source said on Friday. "They wanted autonomous cars," the source, who ...
A Working National Flood Insurance Bill by Fall? It’s Possible
The 2016 election season won't hamper ongoing work on renewing and reforming the U.S. government's struggling National Flood Insurance Program well before it expires in September 2017, a leading ...
Relaxed Cuba Travel Restrictions Increase Demand for Insurance
More Americans are expected to head to Cuba thanks to relaxed travel restrictions, and those travelers are going to need insurance to meet the country's entry requirements, says travel insurance ...