International
Germany, China Cooperating to Ease Market Access for Insurers, Banks
Germany and China are working on ways to improve market access for each other's banks and insurers, the German finance minister said on Thursday, and he welcomed plans by China and the United States ...
Executives On The Move at AXIS Capital Holdings and BHSI
AXIS Capital Holdings is hiring a former Chubb executive as its new chief information officer. Berkshire Hathaway Specialty Insurance named the head of its new Property Construction division in the ...
Fortellix Raises $14M to Automate Generation of Safety Data for Driverless Vehicles
An Israeli-based startup focused on automating the generation of safety verification data for autonomous vehicles has raised a $14 million Series A financing round. Fortellix raised the money from ...
Singapore’s Grab Makes Foray Into Insurance With Chubb as Provider: Opinion
After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has set itself a stiffer target. It wants to be a regional ...
Multiple Smaller Natural Disasters in 2018 Created ‘Unusual’ Insured Loss Picture: Willis
Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011's annual market losses of $120 billion, according to Willis Re. However, the ...
Companies Fear Business Interruption and Cyber Attacks the Most: Allianz Risk Ranking
Business interruption and cyber incidents remain the top two business risks, but other challenges such as tariffs and Brexit are gaining ground, according to the 2019 Allianz Risk Barometer. ...
The Latest Launches From Travelers and AXA XL
The Travelers Companies Inc. will start offering transactional risk insurance in the United States, through a new partnership with a managing general underwriter. AXA's AXA XL Insurance is now ...
May’s UK Brexit Divorce Deal Fails by 230 Votes, No Confidence Vote to Follow
British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing margin on Tuesday, triggering political chaos that could lead to a disorderly exit from the EU or even to a ...