News
A.M. Best Puts Arch JV Partner Gulf Reinsurance Limited Under Review
A.M. Best has placed the financial strength rating of A- (Excellent) of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates) under review with negative implications. The under review with ...
Wills Re North America Head Sees Possibilities at NAMIC Conference
As the National Association of Mutual Insurance Companies' annual conference got underway this week, Willis Re North America President James Kent said he was bullish about the possibilities for his ...
IICF Says 400 Volunteers Needed for Nationwide Giving Events in October
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization funded by the insurance industry, is recruiting volunteers for its annual Week of Giving event from October 11-18. The ...
Lone Wolf Terrorist Attacks Not More Frequent But Targets Changing: Indiana State Research
Lone wolf terrorist attacks are not on the rise as popular culture might lead one to believe—but the attacks are changing for the worse, according to research by an Indiana State University ...
Europe Beats U.S. in M&A Insurance Industry Deals: Clyde & Co.
Insurance and reinsurance industry M&A deals have picked up a bit in Europe and elsewhere. But they keep declining in the U.S., continuing to deny it the lead in a space it has typically ...
Homeowners More Satisfied with Insurance in 2014; Amica Reigns
A recent survey by J.D. Power 2014 found that overall customer satisfaction with homeowner insurers improved in 2014, and that Amica Mutual was the ranked the best by homeowners insurance customers. ...
Millennials Most Dissatisfied Among Homeowners Insurance Customer Groups
Gen Y customers—or Millennials—who comprise the largest group of homebuyers and renters in the United States, are more critical of their homeowners and renters insurance experiences than any ...
SAP Agrees to Buy Expense Software Company Concur for $7.3B
Germany's SAP has agreed to buy U.S. expenses software maker Concur for $7.3 billion in cash, strengthening its position in cloud computing, an area it long hoped to avoid until its momentum became ...