US drops MetLife case and abandons stricter regulation of insurers
The US government is abandoning efforts to impose stricter regulation on insurance companies’ financial activities. The new policy is coming...
US & Canada
The risks from election hacking
Allegations of election hacking in the United States have exposed the vulnerability of modern political systems to outside interference. The...
Ransom Insurance: The US $400 Million Payment to Iran
A political scandal in the United States is shining a spotlight on an obscure and morally-questionable sector of the insurance...
Hanover Insurance Group’s net income down to $2M in Q2
Massachusetts-based Hanover Insurance Group has seen a sharp decline in net income in the second quarter of 2016 owing to...
AIG sells Mortgage Guaranty Unit to Arch Capital for $3.4 Billion deal
American International Group has announced on August 15 that it would sell its mortgage-guaranty unit to Arch Capital Group Ltd,...
US Justice Department moves to block health insurer deals
By Caroline Humer and Carl O'Donnell NEW YORK (Reuters) - U.S. antitrust officials on Thursday moved to block an unprecedented...
EU-US Privacy Shield promises stronger data protection
The European Commission (EC) has formalised the adoption of the EU-US Privacy Shield, a new framework for transatlantic data transfers,...
GE Capital now off the ‘Too-Big-To-Fail’ list
GE Capital, the financial services arm of American multinational conglomerate General Electric, recently welcomed good news following its removal from...
Generali launches new property product for US multinationals
Generali, the Italian insurance giant, has partnered with BELFOR Property Restoration to bring a dynamic risk management solution to US-based...
XL Catlin introduces enhanced marine cargo insurance
XL Catlin, through its Americas Marine business, has introduced an enhanced insurance policy to offer more comprehensive cargo insurance coverage...
