International
Zurich’s North America Commercial Insurance Arm Revamped to Include Specialty Products
Zurich North America's streamlining continues with another new change. The insurer's Specialty Products business is being brought together with its North America Commercial Insurance arm. Zurich, in ...
Three Lloyd’s Insurers Form Asia Political Risk Consortium
Three Lloyd's insurers have joined forces to form a Political Risk Consortium in Asia, offering increased capacity for a wide range of political and contract frustration risks. Beazley, Chaucer and ...
Executives On The Move at The Hartford, QBE and XL Catlin
The Hartford appointed a new chief operating officer for its property/casualty business. QBE is getting a new group chief financial officer. XL Catlin promoted someone to be chief underwriting ...
Swiss Re Placed $925M Catastrophe Bond for California Earthquake Authority
Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the California Earthquake Authority. Swiss Re Capital Markets ...
The Latest Launches From Beazley and Ironshore
Beazley will underwrite new coverage that helps cover administrative burden and fees involved with processing ticket refunds for attendees who can't attend an event that is otherwise being held as ...
Target to Resolve Data-Breach Probes With $18.5M Settlement
Target Corp. agreed to pay $18.5 million to settle investigations by dozens of states over a 2013 hack of its database in which the personal information of millions of customers was stolen. It's the ...
Duperreault’s AIG Arrival Helped Free It From A.M. Best Review With Negative Implications
A.M. Best released American International Group from "under review" special scrutiny, in part because the struggling insurance giant brought in industry veteran Brian Duperreault to help right the ...
Italian Defense Company Will Release Anti-Ransomware Tool After ‘WannaCry’ Attacks
When a wave of ransom-requesting cyber attacks hit computers across the globe earlier this month, Leonardo SpA cyber-security experts had already warned clients that a larger-than-usual strike was ...