International
Executives On The Move at Pie Insurance and Arch Reinsurance
Pie Insurance appointed a number of new executives and a new board member. Arch Reinsurance Ltd. named a new Chief Financial Officer.***
Pie Insurance, an ...
Germany’s Severe Floods Will Hurt, but Insurer Earnings Should Not See Major Impact: Fitch Ratings
The severe floods in Germany could add up to 5 percentage points to German non-life insurers' net combined ratios (net claims and expenses to net premiums), according to Fitch Ratings. The insured ...
InsurTech NY Will Study Sector’s Corporate Venture Capital Evolution
InsurTech NY, which bills itself as the largest InsurTech community in North America, said it will launch a study focused on corporate venture capital in the sector. Such a project will produce ...
J&J Reportedly Considering Putting Talc Liabilities Into Bankruptcy
Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven ...
Zego, Supported by Swiss Re, Joins bp to Insure London Electric Vehicle Trial
Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide professional insurance for bp's electric vehicle trial in London, called "bp ...
After State Auto, Liberty Mutual Turns to Malaysia for Next Acquisition
Liberty Mutual Insurance is disclosing acquisition plans for the second time in two weeks. This time, the Boston-based mutual insurance holding company said it will apply for regulatory approval to ...
Octo Telematics Plans Hiring Surge
Octo Telematics said it expects to hire more than 100 people – a 30 percent growth of its headcount - in a bid to strengthen the talent it has developing current and future technologies. The ...
Investors With China’s Anbang Insurance, Now Dajia; to Sell Controlling Stake For $5.2B
Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity of embattled Anbang Insurance Group, for 33.6 billion yuan ($5.19 billion), ...