International
AXA Reportedly Considers Selling Off Its Central European Biz
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is ...
Insurance Site Struggles With Google’s Escalating Costs
"Where's the best place to hide a body? The second page of a Google search." The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn't laughing. ...
Japan Typhoon Death Toll Hits 43; 110,000 Rescuers Sent In
Japan is sending more than 110,000 people including its Self-Defense Forces to tackle rescue and cleanup operations in the wake of the most powerful typhoon to hit the country in decades, which left ...
PartnerRe Getting New CFO, First-Ever Chief Operations Officer
Some executive leadership changes are coming to global reinsurer PartnerRe. Executive Vice President and Chief Financial Officer Mario Bonaccorso plans to retire on March 31, 2020 to pursue a new ...
Hyundai, Kia Set Aside $758M to Resolve Class Action Suits Over Engine Fires
Hyundai Motor Co and affiliate Kia Motors Corp have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the United States and South ...
EU Warns Next-Gen 5G Networks Present Increased Cybersecurity Risks
The European Union warned on Wednesday of the risk of increased cyber attacks by state-backed entities but refrained from singling out China and its telecoms equipment market leader Huawei ...
Travelers Joins Two Groups Focused on Advancing Automated Vehicle, Driver Assistance Tech
The Travelers Companies, Inc. said it has joined two groups focused on advancing research and public information about automated vehicle and driver assistance technologies. They are the Advanced ...
London Company Market Premiums Surpass 8 Percent Growth in 2018
Gross written premiums written by the London company market have increased by 8.1 percent to $34.7 billion in 2018, according to a report published by the International Underwriting Association ...