International
The Latest Launches From AmTrust Financial Services and Everest Insurance
AmTrust Financial Services is underwriting a new warrantee product that covers propulsion batteries used in electric vehicles. Everest Insurance launched liability coverage designed for ...
Covea Abandons Hostile Takeover of French Reinsurer SCOR
Scor SE slumped the most in more than a decade in Paris trading after rival Covea abandoned efforts to buy the French reinsurer, ending one of the country's most acrimonious takeover attempts in ...
AXIS Loses Nearly $200M in Q4
AXIS Capital Holdings closed out its 2018 fourth quarter with a nearly $200 million net loss, something President and CEO Albert Benchimol blamed largely on higher property catastrophe losses. The ...
W.R. Berkley’s Reinsurance Combined Ratio Worsens; Q4 Net Income Dips
W.R. Berkley Corp. ended 2018 with a decline in net income and worsening reinsurance combined ratio, thanks to higher catastrophe loss expenses. At the same time, insurance premiums and investment ...
Travelers Gains Approval to Open Post-Brexit Subsidiary in Ireland
Travelers' European arm has been granted a license to open a subsidiary in Ireland. "During the Brexit negotiations, our priority has been to ensure that we are positioned to continue meeting the ...
Bayer/Monsanto Fails to Keep Controversial Evidence From Roundup Cancer Trials
A federal judge overseeing lawsuits alleging Bayer AG's glyphosate-based Roundup weed killer causes cancer on Monday tentatively allowed pieces of controversial evidence that the company had hoped to ...
Executives On The Move at Arch Insurance, Great American and Lloyd’s
Arch Insurance in North America hired a former Travelers executive to lead a newly created business unit. Great American Insurance Group named a new executive as divisional vice president of its ...
UK Lawmakers Vote to Have May Demand EU Reopen Brexit Deal
British lawmakers on Tuesday instructed Prime Minister Theresa May to demand that Brussels replace the Irish border arrangement known as the "backstop," in a last-ditch attempt to renegotiate an exit ...