International
Allstate Will Acquire Identity Protection Company in $525M Cash Deal
The Allstate Corp. is expanding into the identity protection space with a planned $525 million acquisition of InfoArmor Inc. Allstate will pay cash for the privately held Scottsdale, Ariz. company ...
Reinsurance Consolidation Won’t Let Up Anytime Soon: Standard & Poor’s
Expect more reinsurance M&A deals in the coming months as reinsurers seek to remain competitive through tough market conditions, S&P Global Ratings predicts in a ...
Court Upholds Twitter Decision to Ban White Nationalist
Twitter Inc. won a battle in the culture wars with a court ruling that upheld its decision to delete the accounts of a self-proclaimed "white advocate." The social media giant has faced mounting ...
Hannover Re CEO Wallin to Retire; Swiss Re’s Henchoz Will Replace Him
Hannover Re Chief Executive Officer Ulrich Wallin plans to retire in 2019, after the company's annual general meeting scheduled for May 8. Wallin's replacement will be Jean-Jacques Henchoz, a ...
Japan Floods Leave Behind Up to $4B in Insured Losses: AIR Worldwide
Massive flooding in Japan earlier this summer will be costly, with insured losses landing between an estimated $2 billion and $4 billion, according to AIR Worldwide. As the catastrophe modeling firm ...
No-Deal Brexit Could Affect Everything From Insurance Contracts to Consumer Pricing
Britons face higher prices when buying from the European Union unless the government can secure a Brexit deal, while retirees in countries like Spain risk losing access to pensions paid into U.K. ...
Executives On The Move at AIG, Farmers, AXIS and Marsh
Both American International Group and Farmers hired new chief information officers. AXIS Capital Holdings Limited appointed a veteran executive to the newly created position of chief strategy ...
The Latest Launches From Coalition, Guy Carpenter and Vault
Coalition is marketing cyber insurance designed to protect organizations against fraudulent use of their IT and telephony services. Guy Carpenter inked a multiyear partnership with a London-based ...