International
Australia Set to Rescue Thousands From Sydney’s Worst Floods in 60 Years
Australia was set on Monday to evacuate thousands more people from suburbs in Sydney's west, battered by the worst flooding in 60 years, with torrential rains expected to continue for another day or ...
Global Warming Could Slash the Credit Ratings of 63 Countries: Study
A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody's and Fitch - could see their credit ...
Why Chubb’s Bid for The Hartford Is a Personal Lines ‘Chess’ Move
While Chubb's $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg ...
COVID-19 Forces Cancellation of Monte Carlo Reinsurance Rendez-Vous for Second Year
Organizers of the reinsurance Rendez-Vous de Septembre (RVS) have decided to cancel this year's conference as a result of the ongoing COVID-19 pandemic, just as they did in 2020. "The pandemic is ...
Chubb Bids for The Hartford’s ‘Crown Jewel’ and More
Five years ago, Evan Greenberg led ACE's nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. ...
Chubb Would Pay $23B for Rival Hartford in Massive Acquisition Deal
Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the ...
Zurich Debuts New Business Unit Focused on Evolving Risks
Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich Resilience Solutions, is designed to provide services that help ...
U.S. COVID Herd Immunity Is Possible by Mid-Summer: Oliver Wyman
The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management ...