International
China Cyber Spying Activity Down Sharply: FireEye Report
The Chinese government appears to be abiding by its September pledge to stop supporting the hacking of American trade secrets to help companies there compete, private U.S. security executives and ...
AXA Plans to Cut $2.4B in Costs by 2020
AXA SA, France's largest insurer, plans to increase profitability through 2020 by seeking 2.1 billion euros ($2.4 billion) of cost cuts and growing digital investments to tap rising demand for ...
Forms are the foundation of every insurance product. So why does managing them still feel like the slowest part of...
S&P Conference Report: Brexit Burden Unwelcome, Industry CEOs Say
While insurers and reinsurers will be able to deal with the aftermath of an exit of the U.K. from the European Union, the time and cost involved are unwelcome intrusions to the business, executives ...
Global Indemnity plc Redomesticating from Ireland to Caymans
Global Indemnity, plc announced Monday that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of ...
Foo Fighters Suing Lloyd’s Underwriters Over Terrorism Policy
The Foo Fighters are suing insurers for failing to reimburse them for European shows they canceled following the Paris terrorist attacks in November. The suit, filed last Monday in federal court in ...
Former Volkswagen CEO Probed for Possible Market Manipulation
German prosecutors have launched a probe against former Volkswagen Chief Executive Martin Winterkorn and another senior executive who are suspected of possible market manipulation related to the ...
‘Systemically Important’ Label Can Be Avoided With New Transparency: Fitch Ratings
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers could help more to proactively stay off the list in the first place. ...
AIR Worldwide Releases Enhanced Southeast Asia Earthquake/Typoon Models
AIR Worldwide is rolling out beefed up earthquake and typhoon models for Southeast Asia. The catastrophe modeling firm, a Verisk Analytics business, said the earthquake model updates cover: Tsunami ...