International
Liberty Mutual’s Q4 Hammered by U.S. Personal, Commercial Auto Losses
Liberty Mutual Holding Company's 2016 fourth quarter net income declined substantially, due mostly to higher U.S. personal and commercial auto liability losses. But the number was up for the full ...
More Insurer CFOs See Big Data as Helping Them With Growth Goals
Nearly 70 percent of insurer CFOs see pursuit of new growth, market expansion or an M&A deal as a significant priority, making it their top business driver, according to a 2016 EY survey of ...
Generali Reportedly Ramping up Plans to Sell Dutch Business
Italy's biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates ...
Are Fears of a Brexit Exodus Overblown?
Depending on who you talk to, 232,000 U.K. jobs will be headed out the door after Britain withdraws from the European Union. Or it could be as few as 4,000. The range of forecasts -- from the ...
Low Corporate Adoption of Cybersecurity in Risk Management Strategies Can’t Continue: Swiss Re
Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cybersecurity into their mainstream risk management programs – a situation that is ...
Willis Towers Watson’s New Cyber Risk Assessment Tool: An Employee Survey
While many businesses rely on technology to assess their cyber risks, Willis Towers Watson believes an employee survey could help make the task more successful. The consulting firm and broker is ...
Executives On The Move at AIG and Brit Global Specialty USA
AIG's deputy general counsel is retiring, and his replacement begins in the position on March 8. Brit Global Specialty USA has a new senior vice president with a focus on cyber and technology. *** ...
Reserve Strengthening Likely for UK Insurers After Personal Injury Discount Rate Cut
The earnings of U.K. insurers likely will be hit by reserve strengthening following the U.K. government's announcement of a dramatic cut to the discount rate used to calculate lump-sum personal ...