Swiss Re Will Absorb Poor 2019 Earnings, Says S&P February 21, 2020 S&P Global Ratings said that even though Swiss Re performed materially below expectation for its 2019 earnings, the ratings agency...
Roehler Succeeds Theis on Allianz Board of Management February 21, 2020 Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern...
Mortgage Company Staffer in New Jersey Who Stole $2M Gets Prison Term February 21, 2020 A mortgage company staffer who created hundreds of fraudulent wire transfers to steal roughly $2 million from the firm has...
Lawsuit Settled Between Virginia Tech, Former Student Over Hazing Suspension February 21, 2020 A lawsuit has been settled between Virginia Tech and a former student who was accused of overseeing a ceremony that...
New York Stenographer Arrested for Extensive Overbilling Scheme February 21, 2020 New York State Inspector General Letizia Tagliafierro has announced the arrest and arraignment of an Oswego County court stenographer who...
New York’s SterlingRisk Insurance Hires Friedman as Alternative Market Leader February 21, 2020 SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Kaitlin Friedman as alternative market leader. A licensed property...
UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Russia Blamed for Massive Cyber Attack Against Nation of Georgia in 2019 February 21, 2020 By Jake Rudnitsky and Nikos Chrysoloras Georgia accused Russian military intelligence of organizing a “paralyzing” cyber attack last year and called for a reaction by the...
China Ends Two-Year State Custody of Troubled Anbang Insurance February 21, 2020 By Bloomberg News China’s two-year state custody of Anbang Insurance Group Co., the group that became a poster child for private companies with...
Allianz Raises 2020 Profit Target After 9.5% Jump in Q4 Results February 21, 2020 German insurance group Allianz announced a more ambitious profit target for this year after posting a better than expected 9.5%...