International
AIG CEO Zaffino to Add ‘Chairman’ to Title Starting Jan. 1, 2022
Peter Zaffino, American International Group's CEO since March, will add "Chairman of the Board of Directors" to his title as of Jan. 1, 2022 after Brian Duperreault retires. Zaffino succeeded ...
For Now, No Need for a Federal Cyber Reinsurance Backstop: CM Webinar Preview
Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently. "I don't think a ...
Allianz Investment Funds Under Investigation in Germany
German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge ...
Reinsurance Demand, Pricing to Continue Rising Next Year: Moody’s
Global reinsurance rates are likely to continue rising next year, in the low to mid-single digit percentage range, Moody's analysts said on Tuesday. Reinsurance rates have been rising in the past few ...
India Unveils Customer Data-Pooling System to Open Finance to Millions
India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential ...
London Adapts to a Post-Brexit Financial World
High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City, as London's ...
CEO Confidence, Now at Pre-Pandemic Levels, Focuses on M&A and More: KPMG Survey
Global CEO confidence is back at pre-pandemic levels, and optimistic executives are looking at M&A, strategic alliances and sustainability measures to help transform their business, according to ...
Munich Re Reigns Supreme as Top Global Reinsurer: AM Best
Munich Re replaced Swiss Re as the largest reinsurer in AM Best's annual ranking of the Top 50 Global Reinsurance groups in 2020, marking a return to a position that it last held in 2017. Swiss Re ...