International
Executives On The Move at AXA XL, Arturo and QBE
A Chubb veteran signed on to AXA XL to head its Global Risk Management business in the southwestern United States. American Family spinout Arturo hired its first-ever Chief Marketing Officer. QBE ...
China Issues Tougher Risk Management Rules for Insurance Groups
China's banking and insurance regulator on Tuesday issued new rules governing the risk management of insurance groups, which will step up supervision, limit holdings of non-core units and regulate ...
Sompo International, Willis Towers Watson Forge New Product Partnerships
Sompo International Holdings is partnering with a company that will help increase proactive management of its global casualty portfolio. Willis Towers Watson and a software partner will launch a new ...
COVID Intrigue: Pfizer Accuses Departing Employee of Stealing Vaccine Secrets
Pfizer Inc has sued a longtime employee for allegedly stealing "scores" of confidential documents, including some related to its COVID-19 vaccine, as she prepared to jump to a competitor. In a ...
Travelers Head Toward Cancellation Mode as Omicron Emerges
Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the Omicron variant of the coronavirus, travel agents said on Monday, threatening an ...
Climate Activists Take on Insurers With Sponges, Dustpans and Petitions
A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related damages, the latest volley in a years-long campaign that pits environmentalists ...
As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best
European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory solvency ratios remained strong. Pandemic factors generally ...
Phillips Claims FDA’s Ventilator Safety Issues May Be Overestimated
Dutch medical equipment maker Philips on Wednesday said U.S. regulators might have overestimated the number of safety issues raised by customers related to its recall of ventilators in which a ...