East Coast Watching Effect of ‘Zombie’ Storm Jose on Maria’s Path September 21, 2017 By Brian K. Sullivan Hurricane Maria continued its thunderous roll northward as forecasters struggled to pin down a trajectory. Whether the storm makes landfall...
In New Approach, Zenefits to Offer Benefits Software to Insurance Brokers September 21, 2017 By Heather Somerville Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business...
PartnerRe Forms Partnership with Fintech Money Transfer Specialist, RemitRadar September 21, 2017 PartnerRe has entered into a strategic cooperation agreement with RemitRadar, a London-based money transfer specialist. PartnerRe and RemitRadar said they...
Global Reinsurers Face Exposures to Mexico City Earthquake: Morgan Stanley September 21, 2017 Global reinsurers will likely face exposures from a massive magnitude 7.1 earthquake that struck Mexico City on Sept. 19, Morgan...
Talanx Warns 2017 Profits Could Be Hit by Hannover Re’s Catastrophe Claims September 21, 2017 German insurer Talanx warned it may miss its profit target for 2017 as its reinsurer, Hannover Re, is being hit...
AIA Buys Commonwealth Bank of Australia’s Life Insurance Business for A$3.8B September 21, 2017 By Emily Cadman and Bei Hu AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion),...
Unemployment Is Top Business Risk, Says WEF Survey, Published by Zurich, Marsh September 21, 2017 Unemployment is the biggest risk for businesses globally, according to a World Economic Forum survey of business leaders published on...
Home in Orange County, Florida Partially Swallowed by Sinkhole September 21, 2017 A Florida home has been partially swallowed up by a massive sinkhole. Orange County Fire Rescue spokeswoman Kat Kennedy says...
States Need Better Protections for Insurance Consumers in Natural Disasters: Rutgers Report September 21, 2017 By Elizabeth Blosfield As homeowners continue to file insurance claims in the wake of Hurricanes Harvey and Irma, a research report released by...
AXA Continues Search for Fund Management Partner September 21, 2017 AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming...