News
In Zurich’s Financial District, Landlords Resist Rent Cuts and Offices Lie Empty
Two floors of a prime lakeside office building in the heart of Zurich's financial district remain empty six months after they were offered for lease. While that's a cost for owner Zurich Insurance ...
France’s Atos Boosts Cyber Security Services With $5.06B Gemalto Buy
French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a ...
Executives On The Move at Validus and The Hartford
Validus Holdings Ltd. made a number of executive appointments following a reorganization into three major divisions. The Hartford named one of its executives to lead Personal Lines. *** Validus ...
Zurich Will Pay $2.14B to Snatch Up ANZ’s Australia Life Insurance Biz
Zurich Insurance Group said it will pay more than $2 billion to acquire the life insurance business from an Asia Pacific-based bank. Zurich's $2.14 billion deal to buy OnePath Life from ANZ ...
Q3 U.S. Commercial Insurance Prices Remain Flat Once Again: Willis Towers Watson
U.S. commercial insurance prices stayed virtually flat in the 2017 third quarter, the ninth straight quarter where this has happened, according to a new Willis Towers Watson survey. Prices averaged ...
UK Minister Asserts Future Governments Can Change Brexit Terms
British voters will be able to change the terms of the country's relationship with the European Union after leaving the bloc if they don't like the final Brexit deal, senior cabinet minister and ...
Paris Climate Change Pact Lives On Under Macron’s Leadership
French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At ...
Agents Still Rule; Consolidation Ahead, State Auto CEO Says
As part of our continuing look at the Future of Insurance (kicked off in the third-quarter edition), Carrier Management asked State Auto CEO Michael LaRocco his view on the question of how insurance ...