International
Generali and Progressive Will Jointly Pursue Telematics Research
Europe's The Generali Group and Progressive Group of Insurance Companies of the U.S., both among the leaders in car insurance telematics, said they have entered into an research and development ...
S&P Boosts Outlook for PartnerRe, Reassured by Its Hands-Off Owner EXOR
PartnerRe gets an outlook upgrade courtesy of Standard & Poor's, due in part to the ratings agency's admission that the reinsurer remains relatively autonomous from its new owner, EXOR. Standard ...
China Now Lets Insurers Invest in Hong Kong Stocks Via Link
China has opened up a new channel for insurers to invest in Hong Kong equities. Insurance funds are now allowed to buy the city's shares through an exchange trading link with Shanghai, the China ...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best
Europe's top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from their taking advantage of cheap and bountiful reinsurance capacity, A.M. ...
Mercedes Equips Electronic Van With Delivery Drones
Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a 500 million-euro ($562 million) investment aimed at speeding delivery times for online ...
Allianz InsurTech Incubator Names Startup Vet as New CEO
Allianz X, a revamped division of Allianz focused on developing new InsurTech concepts and companies, has turned to a telecom industry startup expert as its new CEO. Peter Borchers is slated to ...
VW Seeks to Keep Employee From Testifying in Irish Diesel Emissions Case
Volkswagen AG challenged the right of an Irish court to hear a case over cheating on diesel emissions tests as it fought to keep an employee from testifying for the first time in the scandal. Paul ...
Qatar Re Surges Along With Soaring Middle East/North Africa Reinsurance Market: A.M. Best
Qatar Re tops A.M. Best's tally of the biggest Middle East and North Africa reinsurers in 2015, capping major growth for the carrier that has run in tandem with a significant expansion of the larger ...