International
Hiscox and CyberCube Form a Partnership Deal
Hiscox plans to use technology developed by cyber risk analytics company CyberCube to generate better insight into potential systemic cyber risk. The partnership deal gives Hiscox access to ...
Ex-Swiss Re Exec Burke Joins Liberty Mutual Re in Leadership Role
A former Swiss Re executive is joining a unit of Liberty Mutual in a leadership role. Susan Burke will be Liberty Mutual Re's new vice president and director of Assumed Reinsurance in the division's ...
Zurich Insurance Sees Best Chance for Price Increases in Nearly 20 Years
Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help ...
Australia Bushfires Have Scorched 25.5 Million Acres; PM Proposes Inquiry
After weeks of criticism over the handling of the bushfires scorching Australia, Prime Minister Scott Morrison said on Sunday he will propose a national review into the response to the disaster, as ...
Executives On The Move at AXIS Insurance and At-Bay
AXIS Capital Holdings' AXIS Insurance made two new executive appointments. A former Hiscox USA executive is joining cyber insurance startup At-Bay as General Counsel and Head of Claims.
China’s Ping An Insurance Teams With Intel to Launch Joint Innovation Laboratory
A division of China's Ping An Insurance Group is teaming with American global tech giant Intel Corp. to establish a joint innovation laboratory. The arrangement is between California-based Intel and ...
Insurers, Analysts Worry Australia’s Bushfires Could Surpass 2009’s Costly Season
Australia's bushfire season has months to run and could easily surpass the most costly fire season, 2009's Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 ...
Masimo Sues Apple, Alleging Theft of Tech for Watch
Apple Inc. is accused of stealing trade secrets and improperly using Masimo Corp. inventions related to health monitoring in its Apple Watch. Masimo, which develops signal processing technology for ...
Trump Approves Emergency Declaration for Puerto Rico After Quake
President Donald Trump approved an emergency declaration for Puerto Rico on Tuesday, according to a person familiar with the matter, after a deadly earthquake struck the commonwealth that was already ...