International
Zurich Gets Green Light to Renovate and Expand Its Swiss HQ
Zurich Insurance Group said it has gained approval to begin a massive renovation project for its Swiss headquarters, even as the insurer continues a broader, wide-ranging effort to cut costs. ...
J&J Will Appeal $1B Verdict in Recent Artificial Hip Implant Trial
Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip ...Rising Risks Could Cost Global Cities $1.17 Trillion of GDP in 2017: Cambridge Study
The costs of major shocks to the global economy from natural and manmade threats could put at risk $1.17 trillion of the total projected GDP of the world's major cities in 2017, according to the ...
Liberty Mutual’s Deal to Buy Ironshore Gets Favorable Rating Agency Responses
Liberty Mutual's recently-announced plans to buy Ironshore Inc. from Fosun International for $3 billion earned generally positive responses from A.M. Best, Standard & Poor's and Fitch Ratings. ...
Apple’s Patent Infringement Award From Samsung Hit With SCOTUS Setback
The U.S. Supreme Court told a lower court to take another look at a $399 million award won by Apple Inc. from rival Samsung Electronics Co. for copying the design of the iPhone. The unanimous ...
Berkley’s High-Net-Worth Personal Lines Brand Debuts
W.R. Berkley Corporation, among the latest companies to embrace the high-net-worth market, has debuted its new personal lines brand focused on the space. It's called Berkley One. The line is set to ...
China Broker CNinsure Changing Name to ‘Fanhua Inc.’
CNinsure Inc., a China-based insurance broker, will now be known as "Fanhua Inc." Shareholders voted to change the name during a Dec. 6 meeting. Alongside the name change, the Nasdaq ticker symbol ...
Xceedance Opens Operations Center in Poland
Xceedance said its new operations center in Poland is open for business. The property/casualty insurance technology, analytics and consulting services provider said the facility is designed to help ...