News
Hannover Re Shoots for Stable Premiums, Shareholder Returns in 2016
German reinsurer Hannover Re will focus on boosting earnings rather than premiums this year and may pay out more special dividends to shareholders, Chief Executive Ulrich Wallin said on Thursday. The ...
Allianz Losing Top Two Investing Execs to Retirement
Allianz SE, Europe's biggest insurer, said its two most senior executives responsible for the company's asset management and investments businesses will leave. Jay Ralph will step down at the end of ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...
The Hartford CEO Swift to Become Next AIA Chairman
The Hartford Chairman and CEO Christopher Swift is taking on a primary leadership role with one of the property/casualty industry's main lobbying groups. Swift is slated to become chairman of the ...
AIG Scores a Fitch Ratings Affirmation and Swiss Re Deal
Fitch Ratings gave American International Group a small bit of good news, even as the property/casualty insurance giant struggles to reorganize, respond to profitability declines and deal with ...
U.S. Tornadoes Hit Seven-Year February High: Aon Report
Losses from severe storms and tornadoes that struck much of the U.S. in February could amount to more than $1 billion, including hundreds of millions of dollars of damages that will probably be ...
Apple Ransomware Attack Contained; More Mac Attacks Likely
The first known ransomware attack on Apple Inc.'s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer ...
QBE Inks Analytics Outsourcing and Insurance Agent Specialty Coverage Deals
QBE Insurance forged two separate deals that will allow it to outsource analytics work as well as launch specialty coverage for insurance agents and brokers. As far as the analytics arrangement, ...