International
InsurTech NY Announces Winners of Early-Stage Competition
InsurTech NY announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference on March 10. The winners received prizes worth $200K in total. Winners were ...
February Polar Vortex Led to Record U.S. Winter Weather Economic Losses: Aon
Blame the Polar Vortex and the resulting drastic U.S. winter weather for generating record direct economic losses and more carrier headaches. Direct economic losses from those Polar Vortex-driven ...
Microsoft Warns Ransom-Seeking Hackers Are Taking Advantage of Server Flaws
Ransom-seeking hackers have begun taking advantage of a recently disclosed flaw in Microsoft's widely used mail server software, the company said early Thursday - a serious escalation that could ...
AXA Drops German Power Giant RWE as a Client Due to Coal Operations
AXA SA, France's biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive ...
Swiss Re Corporate Solutions and Coalition Extend Collaboration
Swiss Re Corporate Solutions, the commercial insurance unit of Swiss Re Group, and Coalition, a provider of cyber insurance and security, have signed a multiyear strategic agreement to provide broad ...
Generali Hit by Coronavirus Costs, but Upbeat About 2021
Generali is confident it can hit its targets this year after Italy's biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit. Operating ...
Insurers, Reinsurers Ready for Fight Over UK COVID-19 Business Interruption Payments
Top insurance companies, ordered by Britain's highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who ...
UPDATED: Google Hires Deloitte Digital’s Walsh to Lead North America Insurance Business
Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the news on Twitter and LinkedIn. He noted on LinkedIn that he'll be part ...