Was It an Act of War? That’s Merck Cyber Attack’s $1.3 Billion Insurance Question. December 3, 2019 By Riley Griffin, Katherine Chiglinsky and David Voreacos, Bloomberg By the time Deb Dellapena arrived for work at Merck & Co.’s 90-acre campus north of Philadelphia, there was a...
Aviva to Retain China, Singapore Businesses After Conducting Asian Review November 18, 2019 By Lucca de Paoli and Benjamin Robertson Aviva Plc, the U.K. insurer that’s overhauling some businesses as part of its chief executive officer’s turnaround plan, is to...
Müller Succeeds Fischer Hirs as CEO of AGCS; Allianz Germany Appoints Executives November 15, 2019 Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG announced leadership changes that will take effect from Dec....
Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes November 14, 2019 Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement? November 7, 2019 By Don Jergler Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies...
Allianz Pays $1B for Part of Goldman’s Stake in China Insurer Taikang: Sources November 6, 2019 By Manuel Baigorri German insurer Allianz SE has paid about $1 billion for part of Goldman Sachs Inc.’s stake in closely held Chinese...
Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M November 1, 2019 Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its...
EU-Based Britons Fuel Growth in Healthcare Insurance as Post-Brexit Fears Grow October 17, 2019 By Carolyn Cohn, Isla Binnie and Maya Nikolaeva Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a...
Holocaust Survivors Want Congress to Let Them Sue Insurers Over Nazi-Era Losses October 10, 2019 By Curt Anderson When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended...
Hard Brexit Would Have ‘Significant Impact’ on U.K., Europe: Allianz Global Investors October 9, 2019 By Nishant Kumar Andreas Utermann has long brushed off the risk of a hard Brexit, arguing even a managed separation would be a...