International
Former NAIC Leader Huff to Take Over Association of Bermuda Insurers and Reinsurers
An ex-chief insurance regulator for Missouri will take over the Association of Bermuda Insurers and Reinsurers starting in January 2018. John Huff, the immediate past president of the National ...
XL Catlin, Chubb Top J.D. Power Ranking of Large Commercial Insurers
XL Catlin ranks highest among large commercial insurers in terms of customer satisfaction, J.D. Power found in its latest study. The insurer and reinsurer scored 806 out of a possible 1,000-point ...
Direct Line’s Discount Encourages Switch to Tesla Autopilot System
Britain's largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car's autopilot system, seeking to encourage use of a system it hopes ...
Brexit Talks Could Be Damaged by Issues Over European Court of Justice
Brexit talks risk being torpedoed by the taboo issue of the European Court of Justice, a senior British official said, as Theresa May heads to Brussels on Monday with the best offer her party will ...
Aon Acquires Swiss Insurance Broker Unidelta AG
Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance ...
Brexit May Adversely Effect Legions of Insurance Liabilities, Bank Contracts Without Fix
As far as Brexit headaches go, Barclays Plc's John McFarlane says that while his bank is on top of job relocations, he's more concerned about rewriting "hundreds of thousands" of contracts. He's not ...
Late 2017 Hurricanes Could Spur 2018 Insurance M&A Spree: Clyde & Co. Prediction
Hurricanes Harvey, Irma, Maria and Nate broke records in late 2017 in terms of damages and insured losses. The strains they have caused on the marketplace could spur a wave of M&A activity a ...
Squabble Over Ireland Delays Brexit Deal
Theresa May's efforts to find a compromise on the Irish border that will unblock Brexit talks struggled on, with both sides digging in on Thursday as the clock ticks down to a deadline next week. ...