News
‘Systemically Important’ Label Can Be Avoided With New Transparency: Fitch Ratings
Fitch Ratings said that newly established transparency about the designation process for globally systemically important insurers could help more to proactively stay off the list in the first place. ...
Executives On The Move at XL Catlin, Swiss Re, Navigators and More
XL Catlin named a new head of Canadian Property. Swiss Re promoted three executives to both global and Asia-based positions. Navigators hired an executive to launch a new business. Finally, the ...
AIR Worldwide Releases Enhanced Southeast Asia Earthquake/Typoon Models
AIR Worldwide is rolling out beefed up earthquake and typhoon models for Southeast Asia. The catastrophe modeling firm, a Verisk Analytics business, said the earthquake model updates cover: Tsunami ...
Disney Resort Reviews Safety Policies After Child Killed by Gator
It's an unwritten rule for Florida residents: Keep your kids away from ponds and lakes because alligators are everywhere. But after a gator killed a 2-year-old Nebraska boy at a Walt Disney World ...
Orlando Victims See Sandy Hook Case as Gunmaker Lawsuit Template
A case in Connecticut state court could help victims from mass shootings -- including the recent massacre in Orlando -- sue manufacturers of military style assault rifles used in the attacks, despite ...
With Insurance Industry Transformation, the Struggle Is Real: KPMG
The talk is out there: Insurance industry leaders have often spoken of transforming operations to embrace disruptive advances including big data, other new technology and related customer service ...
HSBC Arm Settles 14-Year Shareholder Lawsuit for $1.58B
HSBC Holdings Plc agreed to pay $1.58 billion to settle a 14-year-old shareholder lawsuit over allegations that executives of a U.S. subprime-lending business acquired by the bank misled investors. ...
American Family Wants to Go Mutual Holding Company Route
American Family Insurance plans to become a mutual holding company. The change would, in part, strengthen its ability to make acquisitions or pursue M&A transactions with other mutual insurance ...