News
AIG, Wary of Battle With Icahn, Pushed for CEO Hancock’s Resignation: WSJ
American International Group Inc's decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, ...
China’s Anbang Insurance Denies Investment in Kushner-Owned Manhattan Office Tower
China's Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump's son-in-law and senior adviser. Anbang ...
New El Niño Possible by July; Southeast Asia Could Face Dry Weather
An El Nino may develop by July as forecasters worldwide predict the pattern that can disrupt global weather is set to return this year. Six of eight climate models predict El Nino thresholds may be ...
Executives On The Move at AGCS and Alliant
Allianz Global Corporate & Specialty named one of its existing executives as the new global head of Cyber. Alliant brought in a new executive who will help design and launch risk management and ...
The Hanover, Amica Top 2017 J.D. Power Homeowner Claims Satisfaction Ranking
Amica Mutual may still lead the pack in terms of overall satisfaction among homeowners who have filed a property claim, but The Hanover and Nationwide are nipping at the insurer's heels, according to ...
The Latest Launches From Everest Insurance, Lloyd’s and Verisk’s Arium
Everest Insurance boosted its environmental coverage with a new policy form. Lloyd's teamed up with a modeling company to launch a tool that will help insurers and reinsurers model liability exposure ...
British Parliament Gives May OK to Begin Brexit Process; Sterling Drops
Sterling fell to an eight-week low against the dollar and the basket of currencies measuring its broader strength on Tuesday, hit by fears of prolonged political jousting over the terms of Britain's ...
Insurers Garner Record-High Satisfaction Grades
Those uppity InsurTech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year, and these claimants are now giving insurers their ...