The death toll on U.S. highways rose 8.1 percent in the first half of 2015 as low fuel prices contributed to a jump in miles driven by Americans, according to new figures from the Transportation Department. The preliminary figures represent …
There has been a rise in demand for travel insurance due to recent terrorist attacks, according to an online seller of the coverage. Travel insurance comparison site InsureMyTrip said that since the attacks occurred in France on Nov. 13, the …
Troy drones can be dangerous and costly to the aerospace industry and consumers, according to a new report from a Texas aerospace and defense firm. The study by Aero Kinetics, a Texas-based aerospace and defense company, examined what might happen …
South African insurers Sanlam Ltd. and Santam Ltd. agreed to buy a 30 percent stake in Saham Finances SA of Morocco for $375 million to gain access to insurance markets in West and North Africa. The stake will be purchased …
You have to be either strange or bored to Google the phrase, “What do climate change and Thanksgiving have in common?” So I did. Believe it or not I got results, and found that there are at least two things …
Cyber attacks on the private sector are an increasingly important risk in corporate credit analysis, U.S. ratings agency Moody’s Investors Service said this week. The threat of computer hacking varies from sector to sector and remains hard to measure because …
CNA Hardy* has further expanded its regional presence with the opening of its fifth U.K. office, in Birmingham, England. This marks the second U.K. office opening in 2015 for the London-based subsidiary of CNA Financial. In addition, the company has …
The global economy is expected to strengthen moderately next year, which will support insurance premium growth in most regions, according to Swiss Re’s latest publication titled “Global insurance review 2015 and outlook 2016/17.” Demand for non-life insurance is expected to …
ACE Ltd. announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Puerto Rico, Central America and the …
Delta Lloyd NV, the Dutch insurer under pressure to bolster capital, climbed as much as 6.6 percent after Rabobank pitched the idea of a purchase by NN Group NV. “There is a scenario possible by which NN Group would acquire …
