Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles August 23, 2019 By Michael Shields Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine...
Insurers Pressured to Drop Coverage of Canada’s Oil Sands Pipeline August 8, 2019 By Valerie Volcovici A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S. August 1, 2019 By Will Hadfield and Andrew Blackman AXA SA’s shift away from life insurance yielded growing volumes and improved profitability as a restructuring move hit the bottom...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
AXA Appoints Guidée from Goldman Sachs as Group Chief Risk Officer July 12, 2019 AXA announced the appointment of Renaud Guidée as group chief risk officer. Currently managing director at Goldman Sachs in France,...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Lemonade’s European Expansion Begins in Germany June 12, 2019 Lemonade is making good on its promise to expand into Europe, with news that it is now open for business...
AXA Confirms It Insured Some Notre-Dame Artworks for Several Million Euros April 25, 2019 French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for...
AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’ March 21, 2019 By L.S. Howard Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. “First,...