International
Britain Wants Brexit Talks With EU to Begin Next Phase
Britain said on Sunday that it wants talks with the EU to move on to the next phase, as it set out details of the future relationship it envisages with the bloc and senior ministers presented a ...
Reinsurers Now Much More Likely to Report Natural Disaster-Related Underwriting Loss: S&P
Things could get rougher for global reinsurers if annual natural catastrophe claims keep moving closer to the long-term average, Standard & Poor's said in a new report. It turns out that upward ...
The Schinnerer Group to Add Property Catastrophe Business With ICAT Acquisition
The Schinnerer Group has agreed to acquire International Catastrophe Insurance Managers (ICAT) from the Paraline Group for an undisclosed price. Plans call for closing the deal sometime in the 2017 ...
Compare.com Proves Insurance Disruption Won’t Happen Quickly: CEO Rose
Disrupting an industry that has been doing things the same way for a generation takes time. Take it from one major insurance disruptor – compare.com. The online insurance comparison marketplace ...
Reinsurers Turn to Fintech Startups for Diversification in Soft Market
When Micah Carr-Hill wanted to insure Chief, the labrador that helps with his son's autism therapy, he found an ally in Munich Re, the world's biggest reinsurer. The German company had just teamed up ...
HBO Tried to Delay Hacker Data Release With $250,000 Offer
Time Warner Inc's HBO network last month offered $250,000 to cyber criminals who hacked into its computer system, asking them to extend a deadline for paying a much larger ransom, according to an ...
Anbang Insurance Workers Comp Complaint Seeks to Reveal Ownership Secrets
A U.S. labor group representing more than 1,000 workers at hotels owned by Anbang Insurance Group Co. is asking authorities to force the Chinese firm to disclose its ownership and financing. The ...
Zurich Net Income Grows by Double Digits; Restructuring Program on Track
Zurich Insurance says its restructuring program is on track to achieve its goals over the next few years, continuing its work on cutting expenses, stabilizing its property and casualty business and ...