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The Progressive Corporation promoted a veteran executive to serve as its new chief investment officer. Jonathan Bauer takes on his new role with the insurer on Jan. 3, 2020. Bauer replaces William ...
Insurance linked securities are holding their own even as they have been slammed with robust catastrophe bond losses, a new Aon report has found, predicting that the sector will resume growth in ...
Small business owners are reporting record levels of satisfaction with their insurance coverage, with carrier investment in products, service infrastructure, and technology likely driving the uptick. ...
China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans ...
Below, we've gathered highlights of 10 noteworthy InsurTech financings from January 2019 through mid-May. They offer a curious read in combination with each other. For one thing, the list gives a ...
Allianz SE's giant investment business saw managed assets grow to a record as clients added 18 billion euros ($20 billion) in the first quarter, reversing outflows at the end of last year. The new ...
Now that Lemonade has raised nearly $500 million in financing to date and is pursuing an international expansion, speculation has begun as to what the exit strategy will ultimately be for investors ...
While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which ...
Argo Group is urging shareholders to reject allegations of "reckless behavior" and "poorly researched claims" from activist stockholder Voce Capital Management when the company's annual shareholder ...
U.S. bank regulators proposed a rule on Tuesday that would discourage large banks from heavily investing in debt issued by other large banks by requiring them to hold additional capital against such ...
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