GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships September 11, 2018 By L.S. Howard Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution,...
AXA to Complete Acquisition of XL Group Sept. 12 September 11, 2018 AXA announced today that it has obtained all regulatory approvals required to complete the proposed acquisition of XL Group Ltd....
Chevron Wins Ecuador Environmental Case Before International Tribunal September 11, 2018 By Gary McWilliams Chevron Corp. said on Friday an international tribunal ruled in its favor in an environmental dispute with Ecuador, finding the...
Why Catastrophe Bonds Are Anything But a Disaster: Viewpoint September 11, 2018 By Brian Chappatta Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of “cat bonds” has...
Liberty Mutual Forms Global Transaction Solutions Unit, Taps Bamford to Lead September 10, 2018 Liberty Mutual’s Global Risk Solutions strategic business unit has centralized its mergers & acquisitions (M&A) insurance offerings with the formation...
Aon’s Blackwell to Join JLT Re as Partner September 10, 2018 Global reinsurance broker JLT Re announced that Martin Blackwell will be joining the firm as a partner, Capital Solutions, next...
Why Reinsurance Industry Consolidation Will Continue: Fitch September 10, 2018 As global reinsurance executives gathered in Monte Carlo for their annual Reinsurance Rendezvous, Fitch Ratings said it expects consolidation of...
British Airways Says ‘Sophisicated’ Hacker Stole Data on 380,000 Customers September 10, 2018 By Paul Sandle British Airways apologized on Friday after the credit card details of hundreds of thousands of its customers were stolen over...
Nexus Completes Acquisition of Castel’s Aerospace MGA Altitude Risk Partners September 10, 2018 Independent specialty managing general agent Nexus Group has completed the acquisition of Altitude Risk Partners from the club-style MGA formation...
Volkswagen Investors Seek $10.6 Billion Over Diesel Scam September 10, 2018 Volkswagen went on trial on Monday to face investors seeking 9.2 billion euros ($10.6 billion) in compensation, arguing the carmaker...