International
Lloyd’s Platform Likely Can’t Be Used for Iran Insurance; U.S. Sanctions to Blame
New U.S. sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European insurers providing cover for the country. European ...
J&J Ordered to Pay $4.7B in Missouri Asbestos Cancer Verdict
A Missouri jury on Thursday ordered Johnson & Johnson to pay a record $4.69 billion to 22 women who alleged the company's talc-based products, including its baby powder, contain asbestos and ...
The Sale of Hacked Credit Card Info on the Web Is Surging
The number of hacked U.S. credit cards whose information was offered for sale to other criminals on the Dark Web jumped by about two-thirds in the first half of this year, according to a ...
Insurers Should Plow Ahead With Brexit Plans, Despite UK Govt. Instability
Brexit controversies risked breaking British Prime Minister Theresa May's government in recent days. But the uncertainty won't, and shouldn't stop carriers from pursuing their post-Brexit plans to ...
Britain’s Finance Industry Attacks Brexit Trading Plans
Britain's finance industry attacked the government on Thursday for ditching its blueprint for trade with the European Union after Brexit, saying this was a blow for Britain's biggest exporter. The ...
‘AXA XL’ to Debut When AXA Group Completes $15.3B XL Group Buy
AXA XL is the new name of the division AXA Group will create with its planned $15.3 billion cash acquisition of XL Group, a deal expected to close sometime in the 2018 second half. The name covers a ...
UK Insurers, Banks Must Be Transparent About Data Collection or Face New Rules: UK Regulator
Britain's banks and insurers must take the lead in spelling out how they will use data collected from customers or they could face new rules, Financial Conduct Authority Chair Charles Randell said on ...
Executives On The Move at Hippo and Everest Insurance
California-based InsurTech Hippo hired two new executives and appointed two additional board members. Everest Re Group's Everest Insurance has a new Chief Claims Officer, who was promoted from ...