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PICC Property and Casualty Co. Ltd. has paid 20 million yuan (US$3 million) in claims to Xiamen Rail Transit Group Ltd. Corp. for losses related to T
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In what it described as a reaffirmation of its relationship with Lloyd’s, specialty insurer Brit Ltd. said it has won approval in principle from the
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A new bill introduced in the U.S. House would exempt property/casualty insurance premiums from reporting requirements under the Foreign Account Tax C
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Starr Cos. said it acquired Wright USA from Ironshore Insurance Services. Wright USA is an insurance agency and third-party administrator that mainly
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Oregon regulators have approved a 6.6% drop in the average workers’ compensation pure premium rate for in-state employers in 2017, according to the s
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Despite both “anemic economic growth,” and international geopolitical uncertainty, insurers are looking to take on more investment risk, according to
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Lloyd’s insurer ArgoGlobal said it launched a cyber division with the appointment of Russell Heaton as cyber class underwriter.
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2015 proved to be a challenging year for Africa’s reinsurance markets. A heightened country risk backdrop across the region threatened to stall the p
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