International
Executives On The Move at GEICO, MAPFRE USA and Church Mutual
GEICO named its new vice president of marketing, having promoted from within. MAPFRE USA hired two executives to join its senior leadership team. Church Mutual Insurance Company made a number of ...
Slice Labs Opens Innovation/Product Development Hub in Toronto
Slice Labs Inc., maker of an on-demand insurance cloud platform, launched an innovation hub in Toronto designed to help it test new on-demand insurance products. The company, which began as a seller ...
Sompo Holdings Promotes Charman to CEO of Overseas Insurance; Frudd to Lead International Division
Sompo International Holdings Ltd said that John Charman, chairman of the board of directors and CEO of Sompo International, is getting a promotion. Charman's new position will be chief executive ...
A Four-Day Work Week Might Motivate Staff, Lead to Higher Productivity
Work four days a week, but get paid for five? It sounds too good to be true, but companies around the world that have cut their work week have found that it leads to higher productivity, more ...
J&J Reportedly Moves to Settle Talc Case in Rethink of Legal Strategy
Johnson & Johnson may be sending a peace signal after two years of warring over allegations that its iconic baby powder causes cancer. In what appears to be a first-of-its-kind settlement while ...
RenRe, Dutch Pension Fund Manager Launch New U.S.-Focused Reinsurer
RenaissanceRe Holdings Ltd. teamed with Dutch pension fund manager PGGM to launch Vermeer Reinsurance Lt., a reinsurer designed to provide capacity focused on risk remote layers in the U.S. ...
Marriott Data Breach Could Cost at Least $200 Million: AIR Worldwide
Marriott International Inc. will be dealing with direct cyber incident losses from its massive data breach of between $200 million and $600 million, according to an AIR Worldwide estimate. Marriott ...
At $79B, 2018 Global Insured Losses Hover Near Record Territory: Swiss Re
Total economic losses from natural and man-made disasters in 2018 are down from the previous year, but insured losses are hovering near record territory. Swiss Re's latest sigma report calculated an ...