International
UK Insurers, Banks Make Contingency Plans for ‘Hard Brexit’: BofE’s Carney
Banks based in Britain may start to relocate activities to other countries about one-and-a-half years before a British departure from the European Union if a "hard Brexit" looks likely, Bank of ...
AIG Agrees to Sell Japan Life Business to Hong Kong’s FWD Group
Hong Kong tycoon Richard Li is poised to buy American International Group Inc.'s Fuji Life Insurance Co. business, a deal that marks his FWD Group's first foray into Japanese insurance. AIG will ...
Behind every commercial or residential property in a regional insurer’s portfolio are people relying on their carrier to remain resilient...
IIS Names Butt, Sumi, von Bomhard as Hall of Fame Candidates
The International Insurance Society has announced the nominees for the 2017 Insurance Hall of Fame. The 2017 candidates are: Michael Butt, Chairman of the Board, AXIS, Bermuda; Shuzo Sumi, Chairman ...
New Zealand Hit by Powerful Earthquake
New Zealand was hit by a powerful earthquake early Monday—one more than fifty times bigger than the 2011 Christchurch quake, according to catastrophe modeler RMS. The magnitude 7.8 earthquake ...
Argo Group’s Planned Ariel Re Buy Leaves S&P Long-Term Ratings Unchanged
Argo Group's planned $235 million acquisition of Ariel Re is drawing the market equivalent of a shrug from Standard & Poor's. S&P said that its long-term ratings for Argo and its related ...
Executives On The Move at Chubb, Allied World, Lockton and More
Allied World brought on two former AIG executives to help run operations in Asia. Chubb named a new executive to lead its Real Estate & Hospitality Industry practice, after the previous executive ...
The Latest Launches From BHSI and Everest Insurance
Berkshire Hathaway Specialty Insurance added new employment practices liability coverage. Everest Insurance expanded its environmental coverage offering. *** Berkshire Hathaway Specialty Insurance is ...
Hannover Re Soars Toward a Possible $1B Profit for 2016
German reinsurer Hannover Re could make a net profit of 1 billion euros ($1.1 billion) this year while the dividend payout is likely to be in line with last year, the firm's chief financial officer ...