International
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
Insurers Help Design Luxury Properties to Tame Disaster Losses
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned. So Gendelman, who runs an ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
New Broker McGill & Partners Forms U.S. Subsidiary
The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company's founder Steve McGill has confirmed. When ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...
Sackler Family Reportedly Backs $11.5B Purdue Pharma Opioid Settlement
The Sackler family and their embattled drugmaker, Purdue Pharma LP, are backing a proposal to resolve all opioid lawsuits against themselves and the drugmaker for more than $11 billion in what would ...
Japan Pledges Enhanced Trade Insurance to Boost Private Sector Africa Investment
Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the ...
The Latest Launches From Root Insurance and Zurich North America
Root Insurance is testing a partner's video security and safety system tech as a way to streamline insurance claims. Zurich North America and Wright National Flood Insurance Services, LLC are ...