International
Lloyd’s Insurers’ Hurricane Harvey Risks Drive Investors Away
Lloyd's of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that's battering Houston, the epicenter of the U.S. oil industry. The storm, which which ...
Ironshore’s Singapore Arm Debuts Legal Event Expense Cover
Ironshore, via its Singapore branch, launched a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. ...
On-Demand Delivery Drones Arrive in Iceland
An Israeli autonomous drone delivery company has started commercial operations in Reykjavik, Iceland, one of the first in the world to offer the service on demand.
Tel ...
Pre-Bailout CEO, Exec Pay Returns to AIG
American International Group Inc's new Chief Executive Brian Duperreault has pledged to revive the insurer's glory days of top talent, underwriting discipline and fat profit margins. One thing he has ...
Harvey’s Impact on Insured and Uninsured Alike Soars in Growing Economic Catastrophe
Hurricane Harvey's second act across southern Texas is turning into an economic catastrophe -- with damages likely to stretch into tens of billions of dollars and an unusually large share of victims ...
Safe Driving Algorithm Project Begins Involving Sompo Japan, Accenture and a Japanese Cab Company
Sompo Japan Nipponkoa Insurance, Accenture and a Japanese cab company will work jointly to develop a deep learning algorithm designed to help better understand driving behavior and improve safety in ...
The Latest Launches From Ironshore and Beazley
Ironshore now has a team devoted to managing cyber claims across all of its product lines. Beazley debuted expanded protection meant to address schemes such as the kind where employees are illegally ...
AXIS Sweetens Bid for Lloyd’s Specialty Carrier Novae, Now Offering $611.5M
AXIS Capital Holdings Ltd. has substantially sweetened its offer for Novae Group plc, a Lloyd's of London specialty insurer and reinsurer. AXIS, a Bermuda-based specialty insurer and reinsurer, said ...
Executives On The Move at AXIS and Snapsheet
AXIS Capital Holdings' AXIS Re arm hired a former Swiss Re executive in a leadership role. InsurTech startup Snapsheet promoted from within to name its new chief technology officer.