International
CNA UK Specialty Division Will Establish Post-Brexit Subsidiary in Luxembourg
CNA Hardy said it will launch a European subsidiary in Luxembourg beyond its London headquarters, a move intended to continue open access to the EU market in the wake of last year's Brexit vote in ...
S&P Bumps AIG’s Rating Outlook Down to Negative, Despite New Leadership
American International Group made a big move recently in hiring Brian Duperreault to lead the struggling insurance giant, but Standard & Poor's was not impressed. The ratings agency revised its ...
The Latest Launches From Farmers, PURE and Markel
Farmers Insurance launched a new roadside assistance program that works through a customer's cell phone. The Pure Group of Insurance Companies has expanded a key E&S program into South Carolina. ...
Like It or Not, China’s New Cyber Law Has Finally Kicked In
China ushered in a tough new cyber security law on Thursday, following years of fierce debate around the controversial legislation that many foreign business groups fear will hit their ability to ...
Hamilton Re Starts Turing Re, a New Special Purpose Vehicle
Hamilton Insurance Group's Bermuda-based reinsurance arm launched its first special purpose vehicle. The new entity is Turing Re Ltd., rolled out by Hamilton Re and funded with $65 million in capital ...
7,000 Farmers Suing Syngenta in GMO Corn Dispute About to Get Day in Court
Farmers have to deal with threats to their crops from nature all the time. Thousands of Kansans, though, argue that Syngenta AG posed an even bigger threat by failing to prevent its genetically ...
Post-Audit, AmTrust Names Strategy/M&A Exec Karkowsky as New CFO
AmTrust named one of its executives focused on M&A as its new chief financial officer, capping a busy spring for the specialty property/casualty insurer involving a multi-year audit and efforts ...
Guidewire’s Q3 Net Losses Spiked, But Revenue Soars as Acquisitions Absorbed
Guidewire Software Inc. grew revenue and concluded a major acquisition in its 2017 fiscal third quarter, but losses spiked. The California-based insurance software operation booked more than $1.8 ...