Insurance Agency Growth, Profits Slipped in 2015 on Oil Bust, Soft Market: Reagan February 9, 2016 Insurance agency and brokerage organic revenue growth slowed to 4.6 percent for 2015, according to the latest Reagan Consulting Organic...
Leading Reinsurers Line Up for Lemonade, the P2P Insurer February 9, 2016 By Andrew G. Simpson Lemonade, the startup peer-to-peer insurance carrier that has raised $13 million in initial funding, announced a line-up of global reinsurance...
Court Hears MetLife’s Challenge to ‘Too-Big-to-Fail’ Designation This Week February 9, 2016 By Andrew Harris, Ian Katz and Katherine Chiglinsky For MetLife Inc. Chief Executive Officer Steve Kandarian, the scariest risk is being classified as risky. MetLife lawyers go to...
AIG Scaling Back on Investments in Hedge Funds February 9, 2016 By Sonali Basak American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according...
Integro Insurance Announces O’Shea Joins UK Film & Television Team February 9, 2016 Global insurance brokerage and risk management firm Integro Insurance Brokers Holdings Ltd. announced that entertainment specialist broker Kevin O’Shea has...
Russian Hackers Moved Ruble-Dollar Rate at Regional Bank: Cyber-Security Firm February 9, 2016 By Jake Rudnitsky and Ilya Khrennikov Hackers used malware to penetrate the defenses of a Russian regional bank and move the ruble-dollar rate more than 15...
3 New Members Elected to the Council of Lloyd’s February 9, 2016 Lloyd’s have confirmed the election of three new members to the Council of Lloyd’s. Julian James and Neil Maidment were...
‘Brexit’ Threatens Britain’s EU-Dependent SMEs: UK’s RSA February 9, 2016 While UK-based small and medium sized enterprises (SMEs) want to access opportunities in emerging and growth economies, they remain dependent...
CEO Exits As Tech Startup Broker Zenefits Confronts Culture, Compliance Bugs February 9, 2016 By Heather Somerville Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad...
Climate Change May Have Fueled Mosquito-Born Zika Outbreak: Scientists February 9, 2016 By Joe Ryan and Jessica Shankleman Climate change may have fueled the outbreak of the mosquito-born Zika virus in Latin American and make it harder for...