What They Are Saying About Effects of Trump Tax Cuts on Insurance Industry December 22, 2017 Congress has passed and President Donald Trump has signed the Tax Cuts and Jobs Act (HR1) into law. It is...
Reinsurance Price Hikes May Be Short-Lived as Capacity Is Abundant December 22, 2017 While overall market conditions may improve over the near term as a result of catastrophe events in the third quarter...
The Hanover, Chaucer Form Reinsurance Sidecar to Tap 3rd Party Capital December 22, 2017 The Hanover Insurance Group Inc. announced that Chaucer, the company’s international specialty insurance group, has sponsored the formation of a...
Zurich Acquires Bright Box, Specialist in Telematics, Connected Car Technologies December 22, 2017 Zurich Insurance Group announced it has purchased 100 percent of the shares of Bright Box HK Ltd. and its subsidiaries...
Hackers Target SWIFT Payments System at Russia’s Globex Bank December 22, 2017 By Katya Golubkova and Jim Finkle Hackers tried to steal 55 million roubles ($940,000) from Russian state bank Globex using the SWIFT international payments messaging system,...
China’s Ride-Hailing Firm Didi Raises $4B to Expand Overseas, Challenging Uber December 22, 2017 Chinese ride-hailing firm Didi Chuxing Technology Co. on Thursday said it has raised $4 billion in funds earmarked for expansion...
Starr Int’l Insurance Philippines Branch Names Ex-Ambassador Cuisia as Chairman December 22, 2017 Starr Cos. announced the appointment of Ambassador Jose L. Cuisia Jr. as chairman of Starr International Insurance Philippines Branch, a...
Integro Insurance Brokers Hires Feron to Marine Practice in New York December 22, 2017 Integro Insurance Brokers, an international broker and risk management firm, has hired Stephen Feron as a senior vice president in...
IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala December 22, 2017 The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help...
Maryland’s Frederick Mutual Insurance Company Hires Collins December 22, 2017 Frederick Mutual Insurance Company has appointed Shad Collins as senior vice president and chief information officer. Collins has relocated to...