International
Trump Administration Tax Reforms Could Dampen Bermuda Market’s Competitive Advantages: S&P
Bermuda insurers and reinsurers may lose their competitive advantage due to U.S. President Donald Trump's plan to restructure the U.S. tax code, Standard & Poor's warns in a new report. Few ...
Allianz CEO Has $3.2B to Use for M&A. Will He?
Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a ...
Ransomware Attacks Quadrupled in 2016; They’ll Double in 2017: Beazley
Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double ...
In the UK, Price Drives Insurance Policy Choices for Small/Medium-Sized Businesses
The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of small and medium-sized enterprises (SMEs), according to survey data released by ...
Swiss Re, Software Firm SAP SE to Develop Financial Steering/Reporting Product
Swiss Re has formed a strategic partnership with software company SAP SE to develop a product addressing the increasingly complex demands of global regulators regarding financial steering and ...
Allianz, Japanese Financial Firm Invest in U.S. Wind Farm Owned by French Utility
Allianz and Japanese bank Mitsubishi UFJ Financial Group (MUFG) have invested in a U.S.-based wind park owned by French utility EDF , Allianz said, as the German insurer expands its renewables ...
Chubb Debuts High-Net-Worth, Family Office Services in Canada
Chubb Insurance Co. of Canada has launched an array of complimentary services for its high-net-worth and family office customers. Signature Suite™ is designed to help protect and enhance affluent ...Chubb CEO Greenberg Warns ‘Shutting Our Doors to Immigration Is a Mistake’
Chubb Chairman and CEO Evan Greenberg has criticized recent efforts by new U.S. President Donald Trump to restrict immigration, and also expressed concern for nationalist and protectionist sentiment ...