International
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 ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
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 ...
W.R. Berkley CEO Chides P/C Companies for Fighting Change
W.R. Berkley Corp.'s president and CEO chided the property/casualty insurance industry for being slow to change and embrace technology to improve efficiency and meet customer demands. "We continue to ...
Prediction: Travel Insurance Could See 5 Percent Growth in 2017
Travelers insurance sales could grow as much as 5 percent in 2017 due, in part, to an expected increase in vacation travel and more worries about international terrorism, a division of Berkshire ...
Volkswagen Will Pay $1.2B to Resolve U.S. Consumer Diesel Engine Claims
Volkswagen AG agreed to pay $1.2 billion to resolve U.S. consumer claims over tainted large diesel engines, adding to the carmaker's financial burden as it works through a pile of legal challenges ...
Uber, Daimler Link Up in Partnership for Self-Driving Vehicles
Daimler AG, the manufacturer of Mercedes-Benz, has struck an agreement with Uber Technologies Inc. to include the German company's self-driving vehicles on its ride-hailing network in the "coming ...
Telematics-Based Car Policies in UK Reached New Highs During 2016
The number of live telematics policies in the UK exceeded three quarters of a million for the first time in 2016, according to annual research from the British Insurance Brokers' Association (BIBA). ...