International
Canada P/C Giant Desjardins Seeks Acquisitions
Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada's big financial services firms, Chief ...
A Robust Start: Aon Benfield’s Take on Q1 Cat Bond Issuance
Catastrophe bond issuance made a robust start during the first quarter of 2017 with seven catastrophe bond transactions that totaled US$2.17 billion, according to a report from Aon Securities, the ...
The Latest Launches From Chubb and Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance rolled out its new Employment Practices Liability policy in Canada – part of a series of policies it offers there for executives. Chubb created a product ...
Will New Munich Re CEO Wenning Succeed With ‘Hard-Nosed’ Approach?
Joachim Wenning admitted he would not be to everyone's liking long before taking the helm of Germany's Munich Re. That hard-nosed approach could prove valuable as the 52-year-old tackles falling ...
Avoiding Lawsuit, United Settles With Flier Dragged From Plane
United Airlines avoided a lawsuit by settling out of court with a passenger whose forcible removal from a plane was captured on video and circulated online by fellow travelers, sparking widespread ...
AXIS Reports 2017 Q1 Net Income Dented by Multiple Factors
AXIS Capital Holdings reported a drop in 2017 first quarter net income and a climb in its combined ratio, a trend reflecting both one-time costs plus more catastrophe and weather-related losses. The ...
JLT’s John Lloyd Says Brexit Will Diminish the London Market
A post-Brexit financial environment won't kill the London market, but it will become diminished after the dust settles, insurance industry veteran John Lloyd said during the recent RIMS 2017 meeting ...
InsurTech Developer OmniEarth Acquired by EagleView
OmniEarth, a developer of learning technologies and decision-making tools for insurance and other industries, has been acquired. The buyer: EagleView, a provider of aerial imagery and data analytics ...