Global Insurance Industry Set to Grow by 4.5% in 2017-2018: Munich Re April 21, 2017 The global insurance industry is set to grow more strongly at 4.5 percent per annum on average (3.0 percent in...
Warburg Seeks to Buy Minority Stake in India’s ICICI Lombard from Fairfax April 20, 2017 By Scott Deveau, Anto Antony and George Smith Alexander Warburg Pincus is the frontrunner to acquire a minority stake in Indian insurer ICICI Lombard General Insurance Co. from Prem...
Munich Re, Beazley Partner to Provide Enhanced Cover for Large Cyber Risks April 20, 2017 Building on their existing collaboration, Beazley and Munich Re’s Corporate Insurance Partner announced the creation of “Vector,” a partnership that...
AXA Group Names Ariss as Head of Public Affairs & Corporate Responsibility April 20, 2017 AXA announced that Jad Ariss, currently CEO of AXA Middle East & Africa, has been appointed group head of Public...
Slow Computers & Internet, Outdated Systems Demoralize EU Workers: Survey April 20, 2017 By Chris Stokel-Walker It was the third hour of doing nothing that broke James Scott. The 25-year-old researcher was sitting at his desk...
Future Tech to Create Lower Claims Frequency, New Threats: Allianz Report April 20, 2017 By L.S. Howard Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing...
Insured Damage for Southern Ontario Windstorm Estimated at US$73.4M April 19, 2017 A windstorm that hit parts of southern Ontario on March 8, 2017 has caused almost C$100 million (US$73.4 million) in...
Hiscox Group Names Barclay’s Penny as Chief Information Officer April 19, 2017 Specialist global insurer Hiscox announced the appointment of Ian Penny as chief information officer (CIO) for the Hiscox Group. An...
China’s Baidu Plans July Launch of Self-Driving Car Technology April 19, 2017 Baidu Inc. said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing...
Uber Sees EU Growth Despite Impending EU Court Ruling, Denmark Setback April 19, 2017 By Nikolaj Skydsgaard Uber Technologies sees opportunities to expand in the Europe Union, despite withdrawing its ride-hailing service from Denmark and facing the...