International
Allianz Dives Into U.S. Wind Farm Investments
Both have committed tax equity for two wind farms under development by EDF Renewable Energy, a U.S. wind farm developer. The two farms – dubbed Roosevelt and Milo – are under development in ...
P/C Insurance Commercial Rates Dropped 4 Percent in January
Rates for commercial property/casualty insurance fell 4 percent in the first month of the new year, continuing a downward trend that is unlikely to halt anytime soon, according to Richard Kerr, CEO ...
Insurers Kept Their Faith in Allianz’s PIMCO During Transition
While investors pulled funds from Pacific Investment Management Co. in the wake of co-founder Bill Gross's departure, yield-hungry insurance companies kept faith with the company. "Last year the ...
France’s AXA Invests $85M in Africa-Based Online Insurance Seller
AXA SA plans to invest 75 million euros ($84 million) in Africa Internet Group, the Nigerian owner of online businesses including retailer Jumia, as France's biggest insurer extends its product ...
Russia Raid Appears to Have Disrupted Cyber Crime Ring
Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world's most notorious financial hacking ...
The Hanover Sees Dip in Q4 Net Income; OneBeacon Ends Year in Black
A competitive and challenging market left The Hanover Insurance Group with lower net income and net premiums written in 2015. OneBeacon Insurance Group also saw lower net premiums written, after ...
Executives On The Move at Ironshore, JLT and Chubb
Ironshore promoted one of its executives; JLT appointed a former Willis exec to a key U.S. role; Chubb fleshed out the management for its risk management services arm. *** Ironshore Inc.'s Specialty ...
VW Sued by New Jersey Over Excess Diesel Emissions
New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey's ...