International
Aspen Insurance CEO Postlewhite Out, Cohen In; Q4 Underwriting Losses Disappoint
The head of Aspen Insurance has departed the company, a day after an announcement of disappointing preliminary Q4 financial results. CEO Stephen Postlewhite is departing immediately, Aspen said on ...
With Climate Change, Uninsurable Basements Are in New York and Mumbai’s Future
Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe's largest insurers said. "If you go much further to ...
Slice Labs’ On-Demand Digital Insurance Platform Now Available to Carriers Via the Cloud
Slice Labs, the developer of on-demand, pay-per-use insurance for homeshare companies and others, started licensing use of the platform it created to outside insurers and startups. The New York-based ...
Jan. 1 Reinsurance Renewals Point Toward Moderate Price Increases Through 2018: S&P
After years of declines, January reinsurance renewals finally turned in the other direction in an upward trend that will continue throughout 2018, according to a new Standard & Poor's report. ...
India’s Tata Group Sees Growth Opportunities in Insurance and Finance
The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India's largest conglomerate looks to sharpen its focus on about half a dozen ...
UK Official: Britain Wants a Brexit With No Changes
The U.K. has revealed for the first time what kind of trade deal it wants businesses to have with the European Union after Brexit -- and in British eyes, nothing will change. Brexit Secretary David ...
QBE Faces $1.2B in ‘Unprecedented’ Natural Catastrophe Claims for 2017
QBE announced to the market this week that it expects a $1.2 billion after-tax loss in 2017 on "unprecedented" natural catastrophe claims. "This has been a challenging year for QBE, reflecting an ...
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...