International
Allianz Will Buy Sri Lanka’s Janashakthi General Insurance for $106.3M
Allianz announced it has inked a deal with Janashakthi Insurance PLC (JINS) to acquire its subsidiary Janashakthi General Insurance Ltd. (JGIL) for 106.3 million. The transaction will go through ...
CROs Will Become Key in Hacker Attack Battles, and Other Aon Cyber Predictions
As cyber attacks increasingly threaten business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more ...
Insurers, Reinsurers Are Taming InsurTech Startups to Suit Their Investment Needs: Willis Towers Watson
Traditional insurers and reinsurers played a big part in fueling InsurTech startup investment momentum in 2017. By doing so, they tamed potential rivals, turning them into a source of technology to ...
Allianz-Owned Microinsurer BIMA: Closing the Protection Gap in Developing Nations
The insurance protection gap in developing nations is being filled by a growing group of microinsurers, which provide coverage that ranges from life and health insurance, to crop insurance, to ...
AmTrust Allies With Israeli Tech Startups to Modernize Customer, Agent Processes
AmTrust Financial Services, which is in a bid to take itself private, is linking up with a number of Israeli technology startups to help modernize its customer and agent interactions. The New ...
French Dairy Company Scandal Over Contaminated Baby Milk Goes Global; Multiple Lawsuits Likely
French dairy group Lactalis could have been producing salmonella-tainted baby milk since 2005, its chief executive was quoted as saying on Thursday, adding the growing crisis was likely to cost the ...
Chubb, XL Catlin Among Large Carriers Now Offering Cover for Cryptocurrency Theft
Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but ...
Disruption Survival Guide: Why Insurers Need to Craft Broader Business Definitions
How companies define their businesses can help determine their long-term success and even survival. Turn-of-the-previous-century buggy whip and bicycle manufacturers are often cited as examples of ...