International
Bermuda’s Fidelis Insurance Reorganizes Underwriting Biz Into 4 Divisions
Fidelis Insurance Holdings Ltd. is restructuring its business into four divisions: Bespoke, Reinsurance, Partnerships and Specialty. Richard Brindle, chairman and group CEO, will take on the ...
VW Reportedly Talking With Rivals About Common Self-Driving Car Standards
Germany's Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday. The Volkswagen Group is discussing the ...
The Hanover CEO Roche: Chaucer Sale Could Help Fuel Investment in Talent, Divisions, Select Acquisitions
The Hanover Insurance Group could use some of the $950 million it will make from selling its Chaucer international specialty business to fuel organic growth, pursue select acquisitions and hire top ...
The Latest Launches From AIG/Validus and At-Bay
AIG's Validus Specialty launched a new division focused on crisis management. At-Bay said it launched its 2019 cyber insurance policy form throughout the United States. *** AIG's Validus Specialty ...
Liberty Mutual Rebrands Canadian Operations in Wake of 2017 Ironshore Acquisition
Liberty Mutual Insurance's $3 billion acquisition of Ironshore in 2017 has led to a rebranding of its Canadian operations. The insurer disclosed on Sept. 13 that Liberty International Underwriters ...
The Hanover Will Sell Its International Specialty Business to China Re for $950M
The Hanover Insurance Group Inc. has agreed to sell its Chaucer international specialty business to China Re Group for $950 million, representing a big change of course for the Massachusetts-based ...
The Latest Launches From MS Amlin/Envelop Risk and Verisk’s PCS
MS Amlin and Envelop Risk formed a new underwriting partnership focused on cyber reinsurance. Verisk's Property Claim Services beefed up its PCS Global Cyber service with coverage for cyber ...
Monte Carlo Dispatch: Industry Blockchain Initiative B3i Irons Out Platform Kinks
The industry's Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a property excess-of-loss (XOL) contract and asked the ...