News
MetLife Wants Delay on ‘Too-Big-To-Fail’ Case as Trump Reviews FSOC
MetLife Inc. is asking a U.S. court to put on pause a case over how the government deems certain companies "too big to fail," one of the most significant reforms to come out of the financial crisis, ...
Handling Cyber as Standalone Insurance Could Benefit Carriers, Buyers Alike
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT ...
AXIS Begins Actuarial Scholarship With China’s Renmin University
AXIS Capital Holdings Ltd. has partnered with Renmin University in China to launch a scholarship there for actuarial students. The AXIS Re Actuarial Scholarship will provide financial assistance to ...
Hamilton Re Will Snatch Up Canopius’ Excess Casualty Renewal Rights
Hamilton Re said it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.'s excess casualty insurance book of business. Neither side disclosed financial details. The ...
Lawsuit Alleges Tesla Peddled Vehicles With ‘Dangerously Defective’ Autopilot Software
Tesla Inc. is facing its first U.S. legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that's "dangerously defective" ...
Record Heavy Rains Heighten California Crop Risks
Record rains are a double-edged sword for California's Salinas Valley: While the recent deluge virtually ended the state's historic drought, it also created muddy, unworkable fields - sending prices ...
Generali U.S. Global Corporate & Commercial Expands Westward
Generali is expanding its U.S. global corporate and commercial operations with the opening of offices in Chicago and San Francisco in a bid to grab more business from U.S. multinational companies. ...
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 ...