International
BlackBerry Sues Facebook, Alleging Patent Violations Over Messaging Tech
BlackBerry Ltd., seeking ways to stem revenue declines, is dusting off its old patents and asking other companies to pay up for using technology BlackBerry claims it invented years ago. The latest ...
AXA’s $15.3B Deal to Buy XL Group Leads to S&P CreditWatch Negative Status
Standard & Poor's placed France's AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd. The ratings agency said it is worried about what the ...
Zurich Insurance, Others With WEF Create Fintech Cybersecurity Consortium
The World Economic Forum has led the creation of an industry consortium focused on improving the cybersecurity of financial technology companies, as collaboration between fintechs and financial ...
The Latest Launches From FICO, Greenlight Capital Re and USI Affinity/Hanover
FICO has a new insurance dashboard designed to help underwriters better understand cybersecurity and other exposures. Greenlight Capital Re debuted a new innovation unit. USI Affinity will offer ...
From a Romantic Swiss Hotel to Mega-M&A Deal: The AXA/XL Story
FROM THE ARCHIVES: A VINTAGE M&A ARTICLE FROM 2018 This narrative of the events that led up to the deal is the result of on- and off-record interviews and briefings with more than half a dozen ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb named a new senior underwriter for its Global Markets unit. Willis Towers Watson appointed one of its rising executives to a new role within its Corporate Risk and Broking segment. *** Chubb ...
Sompo International Rolls Out European Specialty Insurance Underwriting Division
Sompo International is launching a new European specialty insurance underwriting operation. The Bermuda-based specialty provider of property/casualty insurance said the division initially will focus ...
VW Catches a Break: U.S. Judge Dismisses Bondholder Suit Over Excess Emissions
A U.S. judge late Friday dismissed a lawsuit filed by institutional investors who purchased bonds from Volkswagen AG's U.S. unit and claimed the automaker had made false and misleading statements ...