International
AIG Turns a Q3 Profit, but Commercial Combined Ratio Hits 105.3
American International Group Inc, the largest commercial insurer in the United States and Canada, reported a net income versus a loss last year, when tumultuous markets gutted returns from its ...
Brexit Talks Could Get ‘Quite Vicious’
U.K. Prime Minister Theresa May was warned by her Irish counterpart that the upcoming Brexit talks may prove "quite vicious" as a panel of judges prepared to rule on whether she alone can begin those ...
After 6 Years of Fast Growth, Cyber Insurance Purchasing Slows Down
There are signs in 2016 that the cyber insurance market is slowing after six years of rapid growth, even as the overall upward trend of organizations purchasing cyber insurance continued. A 2016 ...
Investment Gains Fuel Allied World’s Q3 Results
Double-digit investment income growth contributed largely to solid Q3 earnings at Allied World Assurance Company Holdings AG. Results also reverse the losses booked a year ago, despite some larger ...
Aspen Buys Puerto Rico MGA as Part of Caribbean Marine Expansion
Aspen Insurance has made an acquisition that will expand its specialist Marine capabilities in the Carribbean market. The Bermuda-based insurer said it bought Blue Waters Insurers, Corp. Blue Waters, ...
Executives On The Move at Starr Companies, Lemonade and RMS
Starr Companies made a new executive appointment in Seattle. Startup Lemonade hired a chief compliance officer/general counsel. Catastrophe modeling firm RMS brought on a new executive from AXIS ...
Internet-Connected Appliances, Outdated Systems Vulnerable to Russia Cyber Attacks: UK Spy Chief Warns
Businesses and homes are increasingly vulnerable to cyber attacks as people install Internet-connected appliances and companies rely on outdated systems, U.K. Chancellor of the Exchequer Philip ...
Tokio Marine America Now Offering Hull, Liability Cover in Ocean Marine Offering
Tokio Marine America is expanding its ocean marine offering to include hull and liability insurance. Plans call for doing this by partnering with Continental Underwriters, a managing general agency ...