January 22, 2015
Liberty Holdings Ltd., the South African insurer controlled by Standard Bank Group Ltd., said it may conclude a deal in Nigeria by the end of January. “We have an opportunity we hope to conclude at the end of the month,” …
January 22, 2015
Willis Group Holdings Plc, the third-largest insurance broker by market value, has agreed to take a majority stake in Miller Insurance Services LLP to add shipping clients. Willis will take an 85 percent stake, and partners of Miller will retain …
January 22, 2015
The U.S. Treasury’s role in shielding General Motors Co. from car lawsuits after a 2009 bailout of the automaker isn’t confidential and should be made public, the Center for Auto Safety told a federal judge. The safety association’s president, Clarence …
January 22, 2015
At a time when most people aren’t confident their workplace is safe from a hacking attack, respondents to the Bloomberg Global Poll are more certain about one thing: Vengeance is not mine. Companies shouldn’t get a pass from the government …
January 22, 2015
Barack Obama wants to prod corporations into addressing their cybersecurity weaknesses and he used his State of the Union speech last night to do just that. Obama also placed responsibility for inaction and any damage from future attacks on the …
January 22, 2015
One of the principal concerns for the movers and shakers meeting in Davos has been the increasing tendency of global populations to move from villages and farms to cities. With up to three-quarters of the global population expected to live …
January 22, 2015
Allied World Assurance Company Holdings, AG announced that “Allied World Europe will enter the marine liability market, which will further complement the company’s current marine cargo offering.” Allied World has appointed Pene Reuben, Assistant VP, Marine Liability, to develop and …
January 22, 2015
Swiss Re AG Chief Executive Officer Michel Lies called for the creation of a special infrastructure asset class to allow insurers to invest in projects such as roads and bridges. “If you take all the insurance industry, all the money …
January 22, 2015
Lansing, Mich.-based Accident Fund Holdings Inc. has appointed Jeffrey Austin White as director of innovation. White will lead the newly created innovation team in identifying opportunities for the business to generate revenue and improve operations while leveraging solutions backed by …
January 21, 2015
Maine Insurance Superintendent Eric Cioppa said the state Bureau of Insurance recovered nearly $3.4 million on behalf of Maine consumers and businesses in 2014. More than $2.4 million was recovered for consumers by the Bureau’s Consumer Health Care Division, and …