International
Chubb Advances Post-Brexit Plans for France EU HQ
Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb's customers "with continuous, ...
For AXIS, Trend Continues of Post-Acquisition Positive Financial Results
AXIS Capital Holdings saw its 2018 second quarter behave very much like the first: healthy gains in net income and premiums written. These gains stem mostly from the Bermuda-based insurer and ...
Favoring Employees Who ‘Kiss Up’ to the Boss Can Have Negative Consequences
Executives might want to think twice about how they favor employees who "kiss up" to the boss at work to boost their careers. A new Oregon State University study says employees who rely on the ...
MGA Sciemus Is Rebranded and Appoints a New CEO
Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting. "Taking its name from 'Occam's razor,' the problem-solving ...
Insurers Faced Lower-Than-Average Natural Disaster Losses in H1: Impact Forecasting
It looks like economic and insured losses were relatively benign in the first six months of 2018. Global economic losses for natural disasters hit the $45 billion mark in the 2018 first half. Insured ...
Brexit Won’t Hurt UK Financial Jobs That Much, Bank of England Argues
Fewer than 5,000 financial jobs might move out of Britain by "Day One" of Brexit and future relocations will depend on new trading terms with the European Union, Bank of England Deputy Governor Sam ...
China’s Fosun International Mulls Takeover of Belgian Insurer Ageas
Fosun International Ltd., the Chinese group backed by billionaire Guo Guangchang, is considering an offer for all or parts of Belgian insurer Ageas in what could be its boldest move to expand its ...
Wildfires in Greece Claim Dozens of Lives
Greek firefighters say that at least 74 people were killed in wildfires in the country's Attica region, which includes Athens, as a summer heatwave has increased the risk of blazes across Europe. The ...