International
Expect Technology to Become Significant Driver of Future Liability Claims: Allianz Report
Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a ...
XL Catlin Ups Terrorism Insurance Coverage Limits by 25%
XL Catlin said it has boosted available terrorism insurance coverage units by 25 percent in an effort to keep up with demand. Limits are now at $250 million, up from $200 million, the insurer and ...
W.R. Berkley Hires Ex-Goldman Sachs Analyst to Assess Emerging Tech Company Investments
W.R. Berkley Corp. has hired a former Goldman, Sachs & Co. analyst to evaluate potential investments in emerging insurance technology companies. The executive, Michael Nannizzi, will be part of ...
Unexpected UK Election Could Strengthen May’s Brexit Negotiating Position
U.K. Prime Minister Theresa May won by a landslide the approval she wanted for a June 8 snap election as she seeks to strengthen her mandate ahead of Brexit negotiations. Lawmakers in the House of ...
Insurers Are Rapidly Adding ‘Virtual’ Customer Service Tools
Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to insurance, you'll just as likely end up dealing with a robot as a ...
Swiss Re Set to Launch Singapore Sub in ’18 Strengthening Asia Commitment
Swiss Re plans to launch in 2018 a subsidiary in Singapore, which will become the company's regional headquarters for its reinsurance operations in Asia. The company, Swiss Re Asia, will be wholly ...
Executives On The Move at Sompo International and Markel Corp.
An ex-QBE exec is now with Sompo International in a leadership position focused on loss control. Markel Corp. promoted one of its executives to become managing director, Global Insurance Business ...
Air Bag Maker Takata, Wounded by Safety Recall, Explores Rescue Talks
Potential rescuers of Japan's Takata Corp have extended talks, already in their 14th month, for a deal to take over the air bag maker at the heart of the auto industry's biggest safety recall, people ...