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AIG CEO Zaffino to Transition to Executive Chair, Replaced by Aon’s Andersen
American International Group said on Tuesday CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the board. It named insurance industry veteran Eric Andersen as its new president and CEO-elect to replace …
POSTED JANUARY 06, 2026 1:12 PM |
German Insurers Report Below-Average Natural Disaster Claims in 2025
Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German …
POSTED JANUARY 06, 2026 12:48 PM |
UK Investment Group Kelso Buys Stake in Travel and Insurance Firm Saga
Investment firm Kelso Group Holdings said on Tuesday it had bought 400,000 shares in British travel company firm and submitted proposals to its board aimed at boosting value, including attracting more U.S. investors. Kelso’s investment, worth 1.55 million pounds ($2.1 …
POSTED JANUARY 06, 2026 12:12 PM |
Europe Backs Greenland After Trump Resumes Takeover Threats
European officials pledged to support Greenland after US President Donald Trump restarted his campaign to take the self-governed island in the wake of his strike on Venezuela. Across the continent, Europe’s biggest powers expressed solidarity with Greenland, a semi-autonomous territory …
POSTED JANUARY 06, 2026 11:45 AM |
UK’s Admiral Group Completes Sale of US Motor Business to PE Firm J.C. Flowers
UK insurer Admiral Group plc announced it has completed the sale of its U.S. motor insurance business – including Elephant Insurance Co. and Elephant Insurance Services – to J.C. Flowers & Co., the private equity firm, effective from December 31, …
POSTED JANUARY 06, 2026 11:32 AM |
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we’re living through another financial bubble that’s destined to burst. The answer isn’t so simple, at least according to history. The …
POSTED JANUARY 06, 2026 11:04 AM |
Germany Sees Russian Covert Attacks as Prelude to Wider Conflict
Russia is intensifying covert attacks on key infrastructure in Germany in a campaign of hybrid warfare that Berlin views as a possible prelude to a wider conflict, according to a military document obtained by Bloomberg. As Germany positions itself as …
POSTED JANUARY 06, 2026 10:30 AM |
Oil Tankers Sail From Venezuela With no Flag or Safety Documents, Shipping Data Show
Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed. The location of the vessels is unknown …
POSTED JANUARY 06, 2026 9:58 AM |
High-Net-Worth Provider PCS Gets Former PURE CEO Buchmueller as Chairman
Ross Buchmueller, founder and former CEO of PURE Insurance, will be joining the board of managing general underwriter Private Client Select Insurance Services as chairman. Buchmueller announced Jan. 5 on LinkedIn that he agreed to serve as chair of the …
POSTED JANUARY 06, 2026 6:21 AM |
Former Exec Sues Insight Partners for Being ‘Impossible for Women’
A former vice president at Insight Partners has sued the venture capital firm for wrongful termination and gender discrimination, accusing the prominent investor of keeping women from its highest levels. Katherine Lowry, a consultant and tech company strategist who joined …
POSTED JANUARY 06, 2026 6:06 AM |
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