Reinsurance Capacity Remains Abundant for Mid-Year Renewals: Aon Benfield April 18, 2018 By L.S. Howard Global reinsurer capital continued to rise in 2017, despite the US$136 billion in insured losses from natural catastrophes last year,...
Regulators Had Concerns About Engine Type That Blew in Southwest Plane April 18, 2018 By Jeffrey Dastin, David Shepardson and Jamie Freed European regulators this month began requiring an inspection by early next year of the type of engine that blew apart...
Malaysia’s Maybank Plans to Spin Off Etiqa Insurance Unit: Sources April 18, 2018 By Anshuman Daga and Liz Lee Malayan Banking Bhd (Maybank), Malaysia’s biggest bank, is preparing to spin off and list its Etiqa insurance arm on the...
Explaining Ant Financial’s $150B Valuation – and Investor Enthusiasm for China Tech April 18, 2018 By Kane Wu and Julie Zhu Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases...
Facebook Begins Complying with EU’s Privacy Rules; Global Users to Be Protected April 18, 2018 By Sarah Frier and Stephanie Bodoni Facebook Inc. is starting to comply with new privacy rules in Europe. And then, to get ahead of scrutiny everywhere...
InfoWars Host Jones Faces Defamation Suit by Sandy Hook Victims’ Families April 18, 2018 By Polly Mosendz The parents of two children killed at Sandy Hook elementary school in 2012 sued Alex Jones, the host of InfoWars,...
Fearing Collisions, Airlines Support Global Drone Registry April 18, 2018 By Allison Lampert and Jamie Freed Concerned by a rise in near collisions by unmanned aircraft and commercial jets, the world’s airlines back development of a...
Bosley Appointed VP of Alabama-Based Agency S.S. Nesbitt April 18, 2018 S.S. Nesbitt (SSN), a Southeastern insurance agency and division of EBSCO Industries, Inc. (EBSCO), has appointed Jason Bosley as vice...
Florida CFO Releases List of Top 10 Most Wanted Insurance Fraudsters April 18, 2018 Florida Chief Financial Officer Jimmy Patronis has released a top 10 list of most wanted insurance fraud criminals and called...
Marsh Enhances Cyber Risk Products to Address Business Interruption Risks April 18, 2018 Marsh has launched a suite of new and enhanced risk analytics and insurance coverages designed to address business interruption (BI)...