International
Investors Doubt Zurich’s Tentative $8.8B Offer for RSA Will Happen
Zurich Insurance Group AG's announcement that it's considering a 5.6 billion-pound ($8.8 billion) offer for RSA Insurance Group Plc is leaving investors in doubt that the takeover will happen at that ...
Zurich, EagleEye, Launch 14-Month Predictive Analytics Tech Test
Zurich Insurance Group will test a South Carolina company's predictive analytics technology in a 14-month trial. Zurich's deal with EagleEye Analytics is part of its global advanced analytics ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
Zurich Insurance Makes Conditional $8.8B Offer For RSA
RSA Insurance Group Plc rose in London after Switzerland's Zurich Insurance Group AG made a conditional offer to buy the company for about 5.6 billion pounds ($8.8 billion). The shares increased 4.8 ...
Asia Faces Increasing Windstorm Exposures: Allianz Global Corporate & Specialty
Asia is facing increased exposure to windstorm risks and is projected to be home to eight of the top 10 most exposed cities by 2070, according to a new risk bulletin by Allianz Global Corporate & ...
A.M. Best: China Explosion Insurer Costs Remain in Flux
Some industry watchers are trying to tally carrier claims costs following an Aug. 12 explosion at a key China port. A.M. Best cautions, however, that plenty of variables remain. Among them: the mass ...
Ping An Insurance, Confronting China Slowdown, Boosts Overseas Assets
Ping An Insurance (Group) Co., China's second-largest insurer, is boosting overseas assets as the nation's slowing economy and falling interest rates make it difficult to find investments with ...
Lloyd’s of London Insurer Amlin Denies Rumors It is For Sale
Amlin Plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd's of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. "We are not ...
RSA Shareholders Brace For Lowball Bid From Possible Suitor Zurich Insurance
Shareholders in British insurer RSA are bracing for a lowball bid from prospective suitor Zurich Insurance, putting one of Europe's largest ever insurance deals in doubt. After flagging its interest ...