International
China Regulator Reportedly Probing Ping An Insurance’s Property Investments
China's banking and insurance sector regulator is probing Ping An Insurance Group Co of China Ltd's investments in the property market, two people with knowledge of the matter said, after the firm ...
Microsoft Warns Thousands of Cloud Customers About Exposed Databases
Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world's largest companies, that intruders could have the ability to read, change or even delete their ...
New Product Alert: Cloud Outage Insurance, Amped-Up Specialty Insurance, Cyber Cover Twist
ELEMENT and Parametrix Insurance are partnering on parametric cloud outage insurance for companies in Germany. Mosaic Insurance and DXC Technology have launched an insurance technology platform that ...
Executives On The Move at BHSI, QBE and Zurich Insurance
Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami ...
Ping An’s Profit Drops by Double Digits Due to China Fortune Loss
Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...
Global InsurTech Venture Funding Hits Record Again During Q2 2021: Forrester
Global InsurTech funding reached record levels once again in the 2021 second quarter, even as financings declined from the first three months of the year, according to Forrester's new sector roundup. ...
Insurance Industry M&A Activity Remains Resilient: Clyde & Co.
Global insurance industry M&A dipped slightly in the first half of 2021, but deals continue to be steady in key parts of the globe even in the face of the coronavirus pandemic, according to a new ...
Reinsurance Rate Hikes Will Continue (and Moderate) in 2022: Fitch Ratings
Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued ...