International
Allianz Global Corporate & Specialty Reorganizes Alternative Risk Transfer Business
Allianz Global Corporate & Specialty (AGCS) said it is reshaping its Alternative Risk Transfer (ART) business into two new specialist teams, a move responding to the growing importance of ...
North Korea Hacking Group Tried to Steal $1.1B From Global Banks Over Four Years
A North Korean hacking group has tried to steal at least $1.1 billion in a series of attacks on global banks over the past four years, according to cybersecurity firm FireEye Inc. The hackers, which ...
Britain’s Aviva Boots CEO, Plans to Appoint Successor Within Four Months
Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the returns shareholders were looking for. During his six years in charge, ...
Millennial Customers Open to Leaving Carriers for Upstart Insurance Rivals: Bain & Company
Traditional carriers have a big problem on their hands in terms of keeping millennial customers from switching to upstart rivals. A large majority of millennials are open to switching to upstarts ...
One Target Area for the London Market to Grow: Driverless Ships
Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by the International Underwriting Association (IUA). Indeed, 25 ...
About That Expected Brexit Breakthrough …
The U.K. hinted that a breakthrough in Brexit talks may not be that imminent, as it insisted the European Union must make the next move on what Britain's future ties with the bloc will look like. ...
‘Unprecedented’ Steps Needed to Avert the Worst Effects of Global Warming, U.N. Warns
Society would have to enact "unprecedented" changes to how it consumes energy, travels and builds to meet a lower global warming target or it risks increases in heat waves, flood-causing storms and ...
The Latest Launches From Sompo International and Willis Towers Watson
Sompo International launched a new business unit focused on expanding offerings to more industries in the U.S. market. Willis Towers Watson formed an international InsurTech partnership with Plug and ...