International
Insurers Are Increasing Their Investment Risks, EU Regulator Survey Shows
Insurance companies in search of yield have increased their exposure to bonds with lower credit ratings and to less liquid securities like non-listed equities and loans, according to a survey by ...
Hedge Funds Are Betting on a Reinsurance Recovery
Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United ...
Tesla Will Fight Racial Discrimination Class-Action Lawsuit
Tesla Inc said on Wednesday it would fight a class-action lawsuit filed against it earlier this week claiming the electric automaker's California production plant was a "hotbed for racist behavior." ...
European Insurers Surpass U.S. Rivals in Coal Investment Exits: Campaign Group
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken "meaningful action," campaign group Unfriend Coal said on Wednesday. ...
Former Chubb Exec Collura to Lead Everest Re’s New Private Company/Nonprofit Business
Everest Re Group Ltd. has formed a Private Company/Not-for-Profit business segment (Private/NFP) within the Everest Specialty Underwriters unit of Everest Insurance. The new business segment will fit ...
The Latest Launches From Chubb, BHSI, Allstate and Beazley
Berkshire Hathaway Specialty Insurance launched a new policy in Canada that combines cyber liability and breach response coverage, along with risk management resources. Allstate's Business Insurance ...
Chubb Establishes Small Commercial Division for Asia Pacific Region
Chubb established its new Small Commercial Division for the Asia Pacific region, with a focus on risk management needs of small- and medium-sized businesses. Jason Keen, Chubb's regional head of ...
AXA Will Push P/C, Protection and Health Insurance Growth Through 2020
French insurer AXA confirmed its key 2020 financial targets on Tuesday after announcing a management shake-up that saw the departure of several senior executives. Chief Executive Thomas Buberl, at ...