International
Zurich Insurance Paid Ex-CEO Martin Senn $6.3M in 2015
Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported. (The Swiss ...
In Today’s Market, Specialty Insurers Rule: Conning
Specialty property/casualty insurers are now a dominant force in the market and generate more than half of the industry's premiums, Conning Inc. asserts in a new report. Two-thirds of individual ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Liberty Mutual Ended 2015 Bruised by Catastrophe Losses
Liberty Mutual Insurance ended 2015 in the black, but higher losses from catastrophes and other hits hurt its performance during the year. Parent Liberty Mutual Holding Co. booked $411 million in net ...
Bill Gross: Allianz’s PIMCO Playing Dirty in Trying to Kill Departure Suit
Bill Gross said Pacific Investment Management Co. isn't playing by the rules in its effort to kill the lawsuit he filed last year over his departure. Gross told a California state judge Tuesday that ...
VW Claims CEO Didn’t Initially Notice 2014 Diesel Emissions Warning Memo
Volkswagen's former chief executive officer was alerted to problems with U.S. diesel emissions tests in 2014, but the issue "did not initially receive particular attention at the management levels," ...
The Latest Launches From Ironshore and Valen Analytics
Ironshore Inc. is targeting the transportation sector with a new series of coverage endorsements. Valen Analytics launched a new risk score for commercial auto insurance. *** Ironshore Inc. said its ...
Class Action Suit Accuses News Corp. of Monopolizing In-Store Ads
News Corp went to trial on Monday in a class action lawsuit that accuses the company of monopolizing the market for in-store promotions at some 52,500 retail stores across the United States. Jury ...
Executives On The Move at Chubb, American Modern, Zurich Insurance and More
Munich Re's American Modern Insurance Group is getting a new CEO. Chubb named new executives in its Asia Pacific region. Zurich Insurance has its latest chief underwriting officer for general ...