U.S.
Insurers Kept Their Faith in Allianz’s PIMCO During Transition
While investors pulled funds from Pacific Investment Management Co. in the wake of co-founder Bill Gross's departure, yield-hungry insurance companies kept faith with the company. "Last year the ...
Russia Raid Appears to Have Disrupted Cyber Crime Ring
Russian authorities in November raided offices associated with a Moscow film distribution and production company as part of a crackdown on one of the world's most notorious financial hacking ...
The Hanover Sees Dip in Q4 Net Income; OneBeacon Ends Year in Black
A competitive and challenging market left The Hanover Insurance Group with lower net income and net premiums written in 2015. OneBeacon Insurance Group also saw lower net premiums written, after ...
Executives On The Move at Ironshore, JLT and Chubb
Ironshore promoted one of its executives; JLT appointed a former Willis exec to a key U.S. role; Chubb fleshed out the management for its risk management services arm. *** Ironshore Inc.'s Specialty ...
VW Sued by New Jersey Over Excess Diesel Emissions
New Jersey on Friday filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey's ...
W.R. Berkley CEO: M&A Fallout Creates Window to Lure Promising Talent
Property/casualty mergers, acquisitions and reorganizations in recent months are creating opportunities to snatch up promising employees and make market inroads, W.R. Berkley Corp.'s CEO said. ...
Insurance Customers, and How to Keep Them by Using Connected Technology
It seems that no matter the industry, customer expectations for personalized service are high, and getting higher. Insurance customers now commonly make comparisons based on experiences in other ...
Munich Re Stock Soars After Dividend Surpasses Forecast
Munich Re, the world's second-largest reinsurer, rose the most since November 2011 after announcing a dividend that beat expectations. The company reported fourth- quarter profit that was unchanged ...