News
From a Romantic Swiss Hotel to Mega-M&A Deal: The AXA/XL Story
FROM THE ARCHIVES: A VINTAGE M&A ARTICLE FROM 2018 This narrative of the events that led up to the deal is the result of on- and off-record interviews and briefings with more than half a dozen ...
Self-Driving Cars: Bill to Speed Up Deployment, Testing Gets Accelerated Lobbying Push
Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb named a new senior underwriter for its Global Markets unit. Willis Towers Watson appointed one of its rising executives to a new role within its Corporate Risk and Broking segment. *** Chubb ...
More Industry Consolidation Will Follow the AXA/XL Group Tie-Up: KBW
AXA's planned $15.3 billion acquisition of XL Group Ltd. will spur more consolidation among commercial insurers, Keefe, Bruyette & Woods analysts said in a new report. "The combined AXA/XL would ...
Sompo International Rolls Out European Specialty Insurance Underwriting Division
Sompo International is launching a new European specialty insurance underwriting operation. The Bermuda-based specialty provider of property/casualty insurance said the division initially will focus ...
More Winter Storms Will Pound the East Coast This Week
Winter isn't done with the Northeast just yet. For the second time in a week, a storm promises to barrel along the East Coast, bringing snow to New York and pounding coastal areas still cleaning up ...
VW Catches a Break: U.S. Judge Dismisses Bondholder Suit Over Excess Emissions
A U.S. judge late Friday dismissed a lawsuit filed by institutional investors who purchased bonds from Volkswagen AG's U.S. unit and claimed the automaker had made false and misleading statements ...
Drugmakers Reduce Opioid Marketing as Hundreds of Lawsuits Up Pressure
Purdue Pharma LP's decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge's push for concrete solutions to a nationwide epidemic, even though the ...