Insurance Tries to Keep Up with Sharing Economy February 4, 2019 By Andrea Wells As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to...
Lloyd’s Taps Keese from Allianz as Chief Financial Officer, Succeeding Parry February 4, 2019 Burkhard Keese has been confirmed as the chief financial officer (CFO) of Lloyd’s following the unanimous approval of his appointment...
Hartford Revamps Specialty Commercial, Middle Market Before Navigators Closing February 4, 2019 The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending...
Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues February 4, 2019 By Stephen Jewkes and Valentina Za An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to...
Ryan Specialty Group Acquires Assets, Operations of Boston Insurance Specialists February 4, 2019 Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned...
Connecticut City Recovers About Half of Money Lost in Hacking Scheme February 4, 2019 A Connecticut city says it has recovered more than half the nearly $1 million stolen from city accounts during a...
Prosecutor Says New Jersey Man Fakes Fall for Insurance Money February 4, 2019 Police have arrested a New Jersey man who they say faked a slip and fall at a business to get...
Insurance Council of Australia Declares Catastrophe for Queensland Floods February 4, 2019 The Insurance Council of Australia (ICA) declared a catastrophe for insurance policyholders who have been affected by torrential rain and...
Australia Sweltered in January Through Hottest Month on Record February 4, 2019 By Rod McGuirk Australia sweltered through its hottest month on record in January and the summer of extremes continued with wildfires razing the...
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree February 4, 2019 By Sumeet Chatterjee and Taiga Uranaka Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s...