International
The Latest Launches From Generali, Marsh, Envelop Risk and Madison Mutual/Roost
A unit of Generali Group beefed up coverage it offers for multinational corporate and commercial companies. Marsh is marketing a collection of new and expanded risk analytics and insurance coverage ...
Plenty of Reinsurance Capacity Remains for Mid-Year Renewals: Aon Benfield
Global reinsurer capital continued to rise in 2017, despite the $136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. ...
Octo Telematics’ Execs to Buy Russian Shareholder Stake, Paving Way for IPO
Italy's Octo Telematics announced last week that its chairman and chief executive have signed a binding agreement to purchase 20 percent of Octo's shares from Russian company Renova Holdings. This ...
EU Urges Financial Firms to Plan for Brexit Now Despite Transition Deal
European Union regulators urged banks, investors and customers on Thursday to take "timely action" to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit. Britain ...
‘Brilliant Basics’ Continues at QBE With Naming of New Senior Execs
QBE is continuing to revamp its senior management team as part of an ongoing effort to reshape its strategic focus and create more simplified structure. The effort, known as "Brilliant Basics," ...
EU Will Grant Consumers More Powers to Sue Companies
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. ...
Sompo International Retail Insurance Platform Will Integrate International Businesses
Sompo International Holdings Ltd. is launching a retail platform designed to integrate all the operations of Sompo Holdings Inc. outside Japan. Sompo Holdings has 45 licensed entities spanning 32 ...
Global Natural Catastrophe Insured Losses Hit Record $144B in 2017: Swiss Re
Global insured losses from natural catastrophes were $144 billion in 2017—the highest-ever recorded in a single year, according to the latest sigma study from the Swiss Re Institute. The biggest ...