News
Valen Summit Takeaway: Insurers Unsure of Who Their Customers Are
Explosive growth in InsurTech, efforts to engage a more demanding, younger consumer base, and ongoing regulatory concerns have combined to create significant hurdles across insurance. When these ...
Commercial Insurance Remains a Buyer’s Market: Willis Towers Watson
Fluid capital and ample capacity has kept the commercial insurance sector stable overall and also a buyers' market. That reality holds despite potential regulatory and monetary policies pending in ...
Meteorologists: Signs Suggest 2017 Atlantic Hurricane Season Will be Normal
Most meteorologists forecast the 2017 Atlantic hurricane season will be less active than a year ago, with the number of named storms and hurricanes near average. A few meteorologists, however, expect ...
Clunky M&A Deals Are Spurring Uptick in Insurance Claims: AIG Study
Faulty mergers and acquisitions have spurred an uptick in insurance claims as dealmakers overstated profits or breached accounting rules, insurer American International Group Inc. said in a study of ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb promoted a long-time executive to a key role in its North America Major Accounts arm. Over at Willis Towers Watson, a veteran executive at the company has been named head of Broking in North ...
Global Insurance Industry Set for Solid Growth in 2017 and 2018: Munich Re Forecast
The global insurance industry is set to grow more strongly an average 4.5 percent annually during 2017 and 2018, according to Munich Re. The number is 3 percent when adjusted for inflation. While ...
UK Investigates Aon, JLT, Marsh and Willis Towers Watson Over Aviation Business
Britain's financial watchdog is investigating four large insurance brokers over information-sharing on aviation insurance, the companies said, in one of the first cases of its kind by the watchdog. ...
Hamilton CEO Duperreault Emerges as Rumored AIG CEO Candidate
American International Group Inc. is weighing a plan to hire Brian Duperreault as the company's seventh chief executive officer since 2005, according to people familiar with the board's ...