With Growth of the Gig Economy, States Rethink How Workers Get Benefits February 23, 2017 By Sophie Quinton As more and more Americans hold nontraditional jobs that don’t have benefits attached — think freelance graphic designers or Uber...
AXA Chief Rules Out Major Acquisitions Such as Generali February 23, 2017 By Maya Nikolaeva and Matthieu Protard AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief...
Investments in Insurtech Expected to ‘Keep Booming’ in 2017: KPMG Report February 23, 2017 By L.S. Howard Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth...
Delaware DOI Begins National Search for New Captive Insurance Bureau Director February 23, 2017 By Elizabeth Blosfield The Delaware Department of Insurance has announced that it has begun the search for a new Director of the Bureau...
Vice Chair of State-Owned People’s Insurance Group of China in Corruption Probe February 23, 2017 The vice chairman of state-owned People’s Insurance Group of China is being investigated for alleged discipline violations, the ruling Communist...
Europe’s Windstorm Egon to Cost Insurers an Estimated US$223.3M: PERILS February 23, 2017 The initial estimate of the insured property market loss for extra-tropical cyclone Egon, which hit France and Germany in January,...
Beecher Carlson Names Newell as Managing Director in California February 23, 2017 Beecher Carlson Insurance Services LLC is expanding its West Coast operations with the appointment of Keith Newell as its managing...
California Surplus Lines Association Elects Ciardello Chairman of the Board February 23, 2017 The members of the Surplus Line Association of California have elected Tom Ciardello, senior executive vice president of Worldwide Facilities...
China Regulator Puts Brakes on Insurers’ 3-Year, $100-Billion Buying Spree February 23, 2017 A regulatory clampdown on speculation by insurers and new limits on outbound capital flows are causing one of China’s most...
EU Solvency II Rules Need ‘Tweaks,’ Not Overhaul: Bank of England February 23, 2017 By Huw Jones EU capital rules for insurers need some tweaks but are not a deterrent to investment in infrastructure as some insurers’...