International
Munich Re, AGCS North America Are Replacing Their CEOs in Measured Transitions
Munich Re and a division of Allianz Group are the latest insurers left preparing for new CEOs. Munich Re said that CEO Nikolaus von Bomhard will step down as CEO and a member of the board of ...
VW Dealt a $3.7B Lawsuit in Germany Over Diesel Scandal Coverup
Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
The Latest Launches From Chubb, Aon Benfield, Travelers and More
Chubb will start selling construction industry-related insurance to midsize firms for the first time. Aon Benfield debuts charter flight cancellation coverage. Travelers is now offering a homeowners ...
Executives On The Move at CNA, Ironshore and Beazley
CNA recruited a former Chubb executive for a key role. Ironshore hired on a new executive will help build its London-based underwriting property program business. Beazley appointed a former Hiscox ...
GM Ignition-Switch Case Plaintiffs Face Critical Legal Tests
People suing General Motors Co over a faulty ignition switch will get two chances in a Manhattan court this week to argue that the U.S. automaker should be held accountable for injuries, deaths and ...
Security Costs Drive up Warren Buffett’s Berkshire Hathaway Compensation
Warren Buffett's compensation for running Berkshire Hathaway Inc edged up 1 percent last year to $470,244, reflecting an increase in the cost of keeping the billionaire safe. Buffett's salary ...
Is ‘Flat’ the New Buzzword for Commercial Insurance Pricing?
"Flat" is close to becoming the new buzzword for commercial insurance pricing. For the 2015 fourth quarter, pricing barely ticked up 1 percent, according to Willis Towers Watson's updated survey of ...
People Are Among the Biggest Emerging M&A Risks: Mercer
With global M&A on the upswing in multiple industries, Mercer says it has identified a major risk on the rise: people who work for the companies involved in combining operations. "More than ever, ...