International
AXIS Capital Closes Novae Acquisition, Discloses Revamped Executive Team
AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd's, with 2016 global gross written ...
Carrier Innovation Broadening Commercial Insurance Reach in Changing Economy: Swiss Re
Carrier innovation is giving commercial insurance a broader reach as the economy continues to deal with major structural changes, according to a new Swiss Re sigma report. The reinsurer noted that ...
Ireland Confronts Aftermath of Ophelia, Its Worst Storm in 50-Plus Years
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people ...
Cyber Risk Rises to Top of Corporate Agenda With EU Regulatory Deadline: Marsh
The upcoming implementation of the European Union's General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for ...
The Latest Launches From Swiss Re, Root, Hudson Insurance and More
A commercial auto insurance startup has a new strategic partnership with Munich Re's Digital Partners. Swiss Re's Corporate Solutions business started selling a multi-coverage management liability ...
Hurricane Maria Ripple Effects: U.S. Hospital IV Bag Shortage
A key U.S. maker of hospital products said it expects a temporary shortage of small saline bags because of the hurricane that hit Puerto Rico. The hurricane wiped out the island's electrical grid, ...
Suits Against Japanese Steel Supplier Expected After Fake Data Disclosure; GM, Ford Among Top Customers
Kobe Steel Ltd.'s legal problems are just beginning in wake of the company's disclosure that it falsified data for years about the durability of aluminum and copper used in airplanes, trains and ...
WEF Bringing Insurers, Tech Firms Together to Tackle Risks From Drones, Driverless Cars
The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday. Tech firms ...