International
CNA Scores With Successful Second Quarter
CNA Financial Corp. saw its second quarter net income climb at a robust clip, and catastrophe losses along with its combined ratio shrink down to a healthier level. Chairman and CEO Dino Robusto said ...
Commercial Drone Startup Atlas Dynamics Raises $8M; Market Focus Includes Insurance Industry
A commercial drone startup based in Latvia with an eye, in part, on the insurance industry has raised $8 million in funding. Atlas Dynamics declined to disclose its specific investors, other than ...
Fosun International Leader Backs China Crackdown on Outbound M&A Deals
Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government's clampdown on outbound investments ...
Nobody Is Safe: Cyber Security Firm FireEye Says Researcher Got Hacked
Cyber security firm FireEye said on Monday one of its researchers based in Israel had several of his online accounts hacked by unknown attackers, but added the breach did not appear to involve any ...
Anbang Insurance Pressured by China to Unload Overseas Assets
When Anbang Insurance Group Co. agreed to buy New York's iconic Waldorf Astoria hotel for $1.95 billion in 2014, the world took notice. It was a defining moment in the global rise of China Inc., a ...
AXIS Strategy Helps Produce Improved Q2 Combined Ratio
AXIS Capital Holdings Ltd. has plenty to crow about in its 2017 second quarter results. While its net income and net premiums written dipped, the Bermuda-based insurer and reinsurer saw substantial ...
ILS Issuance Landed at $6.3B in Q2, a Record
Insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson ...
The Latest Launches From Generali and XL Catlin
Generali's travel insurance arm is coming out with three new coverage plans, plus its first direct-to-consumer travel insurance website. XL Catlin has come out with a new policy form to address the ...