International
Shah Departs as RMS CEO; Silicon Valley Vet White Replaces Him
Hemant Shah is out as CEO of catastrophe modeler RMS, and veteran Silicon Valley technology executive Karen White has been appointed to replace him. It is unclear if Shah, who is also an RMS ...
Global Insurers Flock to Luxembourg, Prepping for Post-Brexit Operations
More than 20 major international institutions chose to set up all or part of their activities in Luxembourg last year, the country's financial development agency said on Thursday, linking the ...
AmTrust Will Go Private; Deal Involves CEO Zyskind, Stone Point Capital
AmTrust Financial Services has sealed a deal to become a private company, after first disclosing plans to do so in early January. "This transaction represents an exciting step forward for AmTrust, ...
JLT Buys U.S. Broker Focused on Political Risk
Jardine Lloyd Thompson Group plc, a specialist insurance and reinsurance broker, bought up a U.S. competitor that specializes in political risk. Neither JLT or its acquisition target, International ...
The Latest Launches From Next Insurance and QBE North America
Startup Next Insurance is now marketing digital insurance policies for personal trainers through two sports and fitness associations. Specialist insurer QBE North America added data breach planning ...
Drones Might Require Anti-Hacking Protection in Europe
Europe's aviation safety authority has proposed anti-hacking measures and geo-awareness technology for small drones to avoid collisions with aircraft or people, taking an important step toward ...
Brexit Talks at Risk as May Rejects EU Draft Divorce Deal
The European Union presented the U.K. with a draft divorce deal that Theresa May said no British prime minister could ever accept. The pound fell. Brexit talks once again look to be stuck around the ...
Commercial Insurance Prices Nudged Higher in Q4: Marsh
The historic cluster of natural catastrophes that struck in late 2017 helped nudge average global commercial insurance pricing higher during the fourth quarter—the first increase since early 2013, ...