The Latest Launches From Chubb and Lemonade
Chubb has rolled out insurance cover designed to bridge gaps in traditional terrorism business interruption policies. Lemonade plans to debut pet insurance designed for cats and dogs.
Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: AM Best
Ratings firm AM Best said it expects that China's non-life insurance market will experience limited losses from the ongoing coronavirus outbreak. The analysts based their outlook on factors including ...
Aon Grabs Cybersecurity Firm to Bolster Division That Handles Cyber Hacks
Aon Plc bought closely held Canadian firm Cytelligence Inc. to help boost its ability to respond to and investigate attacks on computer systems. Aon picked up employees with cybersecurity consulting ...
Singapore Will Add More Climate Change Risks to Financial Industry Stress Tests
Singapore plans to include a broader range of climate change-related risks in a future stress test of its financial industry, a government minister said. The Monetary Authority of Singapore plans to ...
Executives On The Move at Liberty Mutual and RenaissanceRe
Liberty Mutual appointed one of its veteran executives to lead its Global Risk Solutions arm in North America. RenaissanceRe Holdings Ltd. hired a new head of human resources.
Coronavirus Reportedly Threatens Apple’s iPhone Output
Foxconn could see a "big" production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person ...
Scientists Perplexed by Climate Change Models Running Red Hot
There are dozens of climate models, and for decades they've agreed on what it would take to heat the planet by about 3° Celsius. It's an outcome that would be disastrous—flooded cities, ...
Insurance Value Chain Poised for Big Changes From Data-Driven Business Models
Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the ...
After Brexit: EU Links Financial Relations With UK to Trade Deal
Access to the European Union market for Britain-based financial firms will be linked to the overall results of trade talks with London, EU chief negotiator Michel Barnier said on Monday. Britain and ...