The Latest Launches From Slice Labs/AXA XL and Roost
Slice Labs and AXA XL partnered on a new cyber insurance policy. Roost and Iceland's TM Insurance will link up in a deal that will expand access to its home telematics products.
International
JLT Shareholders Sign Off on Planned Marsh & McLennan Acquisition
Marsh & McLennan Cos. Inc. said its $5.6 billion acquisition of broker Jardine Lloyd Thompson Group plc has been approved by JLT's shareholders. Of those shares voted, 99.9 percent voted in favor ...
AIG Will Exit Iran-Related Cargo Insurance Biz, Thanks to Trump Sanctions
American International Group Inc is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by ...
Sirius International Is Now a Public Company, Thanks to Easterly Merger
Sirius International Insurance Group Ltd. is now a public company. The global multiline insurance and reinsurance group accomplished this by closing its previously announced merger with special ...
Insurance Linked Securities Reached Record Levels in Q3: Willis Re
The issuance of non-life insurance-linked securities during the third quarter reached a record $1.6 billion, according to a report published by Willis Re. The total exceeds the former Q3 record of ...
Cathay Pacific Airways Faces Hong Kong Probe Over Massive Data Breach
Hong Kong's privacy commissioner will launch a compliance investigation into Cathay Pacific Airways over a data breach involving 9.4 million passengers, saying the carrier may have violated privacy ...
Executives On The Move at Great American Insurance Group and Swiss Re
An ex-Liberty Mutual executive joined Great American Insurance Group to help grow its cyber liability business. Swiss Re Corporate Solutions hired a new head of Property & Specialty Lines in ...
Cyber Risk Management Firm Zeguro Secures $5M Financing From Munich Re, QBE, Others
Cyber Risk management firm Zeguro closed a $5 million seed financing round, attracting insurance industry investors including Munich Re and QBE. Both insurers made the capital contributions through ...