International
Allianz’ PIMCO Helps Boost Insurer’s Q2 Profit
Allianz SE got a boost from bond giant Pimco in the second quarter as its main insurance businesses felt the pinch of low interest rates. Pacific Investment Management Co. attracted 23 billion euros ...
Ortega Becomes New Head of Chubb’s Overseas General Insurance Division
Chubb promoted one of its executives to a key position within its General Insurance division. Juan Luis Ortega has been named president, Overseas General Insurance and he will also have the title of ...
11 InsurTech Startups Join Lloyd’s Innovation Accelerator Program
Eleven new InsurTech startups are joining Lloyd's of London's innovation accelerator program. More than 130 applications came in from across the world for the third cohort of the Lloyd's Lab, its ...
Swiss Re Hit With Ethiopian Airlines, MAX and Natural Catastrophe Claims
Swiss Re's first-half net profit fell 5.3 percent, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. ...
Aviva Considers Possible Sale of Asian Unit as Overhaul Continues
Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief executive officer seeks to overhaul the British insurer, people familiar with the ...
Executives On The Move at Chubb and CLARA Analytics
Chubb made two executive leadership appointments involving its Asia Pacific business. CLARA Analytics, an InsurTech that markets artificial intelligence technology for the commercial insurance ...
New British PM Johnson Pledges Brexit ‘No Matter What’
Prime Minister Boris Johnson promised on Tuesday to lead Britain out of the European Union on Oct. 31 "no matter what" as sterling tumbled and Ireland warned that the bloc would not be renegotiating ...
J&J Fights to Keep Lawsuit in Play Designed to Force Baby Powder Cancer Warning
Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company's Baby Powder. So, it's urging a judge not to let a law firm that's been ...