International
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 ...
Allianz Teams With InsurTech Startup to Debut On-Demand Drone Insurance in UK
Allianz Global Corporate & Specialty (AGCS) has partnered with InsurTech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational ...
EU Says Formal Brexit Talks Face Possible Delays; UK Disagrees
Talks between Britain and the European Union on their future relationship are now less likely to start in October, the EU's top negotiator has said, due to a lack of progress on Brexit divorce issues ...
Wells Fargo Alleges Alliant Attempted to Poach Brokers After Failed Buy Bid
Alliant Insurance Services Inc. lost its bid to buy Wells Fargo & Co.'s insurance business but sought to steal its rival's employees anyway, according to a lawsuit filed Thursday in Delaware. ...
Allianz Q2 Profit Gain Aided by CEO’s Strategy, Fewer Natural Disaster Claims
As Allianz SE Chief Executive Officer Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster-claims rewarded his strategy. Operating profit ...
Chubb’s Q2: CEO Greenberg Touts Transformation Into ‘a Revenue Machine’
Chubb Ltd. saw its net income soar in the 2017 second quarter, and investment income also reached record levels. Chairman and CEO Evan Greenberg said during the company's July 26 earnings call that ...
Chubb CEO Greenberg Urges Trump, Congress to Move on Tax Reform, Infrastructure
Chubb President and Chief Executive Officer Evan Greenberg reiterated his call for tax reform, open trade and significant infrastructure investment, urging President Donald Trump and Congress to take ...