International
New Capital Unlikely to Immediately Soften Rates: Vantage Risk CEO
Greg Hendrick, the CEO and co-founder of the new reinsurance and insurance company Vantage Risk isn't too concerned about the new capital that has been pouring into the market this year, and its ...
Insurers Eye Post-Pandemic Clout While Pursuing Major Merger Deals
Insurers pummeled by the pandemic are looking to deals as they race to see who'll emerge strongest when the outbreak subsides. The takeover of RSA Insurance Group Plc and Allstate Corp.'s largest ...
UK Mobility Insurance Startup Zego Acquires Telematics Maker Drivit
Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit. The deal, which will enable Zego to collect ...
Facebook Risks Losing Instagram, WhatsApp Over U.S., State Antitrust Lawsuits
Facebook Inc could be forced to sell its prized assets WhatsApp and Instagram after the U.S. Federal Trade Commission and nearly every U.S. state filed lawsuits against the social media company, ...
Executives On The Move at Swiss Re and AXA XL
Swiss Re's Corporate Solutions Unit promoted an executive within its Engineering & Construction North America division. AXA XL's North America construction business promoted an executive to a ...
EU to London’s Banks and Insurers: Get Used to Limited Post-Brexit Access
Britain's huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU's financial services chief said. Brexit makes ...
$2 Trillion Won’t Be Enough for the Next Black Swan Event
There aren't many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout from COVID-19 has left insurers issuing existential warnings and businesses ...
Multiple Investors Back Cyber Insurance MGU At-Bay’s New VC Round
At-Bay secured a $34 million venture capital infusion that the cyber insurance MGU startup said will enable more hiring, further product launches, digital collaborations and technology improvements. ...