International
InsurTech Investment Deals Hit New High in Q1: Willis Towers Watson
InsurTech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
Apple Getting Another $539M From Samsung in Long Fought Patent Battle
Apple Inc. won $539 million from Samsung Electronics Co. in the final throes of the companies' U.S. court struggle over smartphone technology, seven years after the start of a global patent battle. ...
Much More M&A Is Coming as Companies Seek Scale/Tech Advances: A.M. Best
Expect more property/casualty insurance and reinsurance M&A deals in the months ahead — particularly among smaller carriers — as companies continue seeking scale and technology to improve ...
Executives On The Move at AIG and The Hanover Insurance Group
AIG is bringing on a veteran executive from Zurich Insurance and Liberty Mutual to lead its China operations. The Hanover Insurance Group expanded its surety leadership team to support its growth in ...
Insurers Back Global Regulation Provision in Newly-Passed Banking Reform Bill
The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes a provision on international insurance regulation that is ...
Lloyd’s Wins Approval to Open Its Post-Brexit London Subsidiary
Lloyd's of London has approval for its post-Brexit EU outpost in Belgium. The license approval came from the National Bank of Belgium for Lloyd's Insurance Co., or the Lloyd's Brussels outfit. ...
Hackers Have Infected Routers, Storage Devices Globally. Will Russia Again Attack Ukraine?
Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries with highly sophisticated malicious software, possibly in ...