International
Aon’s $30B Bid for Willis Towers Watson Raises Australian Antitrust Doubts
Australia's competition regulator on Thursday raised initial concerns over Aon's $30 billion bid for Willis Towers Watson to create the world's largest insurance broker, close on the heels of a ...
AIG Is Hiking Some Commercial Rates by 45 Percent
American International Group Inc said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the company prepares to install Peter Zaffino ...
Cyber Attack Risks Rise With Internet of Things Devices: Lloyd’s
Internet of Things (IoT) devices are increasing the risk of cyber attacks to industrial and manufacturing businesses, according to a report published by Lloyd's in partnership with cyber analytics ...
UK Cites Worsening Political Risks in New Hong Kong Business Guidance
The UK highlighted increasing political risks in its latest guidance on conducting business in Hong Kong, pointedly dropping references to relations with its former colony as "positive" and ...
Executives On The Move at AXIS and Beazley
AXIS Insurance hired a new underwriting executive for its Small Specialty Commercial division. Specialist insurer Beazley appointed two underwriters in the U.S. to write Deadly Weapons Protection ...
AIG’s P/C Business Books $171M Underwriting Loss
American International Group's property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a year after the insurer celebrated the division's return to ...
The Latest Launches From Munich Re/HSB and J.D. Power
Munich Re's HSB has started marketing workplace violence insurance coverage for small to mid-sized businesses. In addition, J.D. Power is launching a real-time auto insurance customer loyalty ...
Lloyd’s Construction Specialists Embrace Proposed U.S. Infrastructure Boom
Construction insurance specialists at Lloyd's of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a ...