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News Updates

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International

RSS International News – Insurance Journal

  • Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re
    Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re’s latest sigma report. However, in nominal US dollar …
  • European Insurers Look to Hoarding Cash After Brexit Vote
    Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer. “Storing physical cash as an alternative to paying …

National

RSS National News – Insurance Journal

  • RLI Launches Cyber Liability Insurance for Medium, Large-Sized Firms
    RLI Insurance Company’s RLI Executive Products Group has launched a new cyber liability insurance product. RLI’s cyber liability insurance offers both first and third party coverage options to protect medium-to-large sized firms against financial losses and damages resulting from cyber …
  • GE Erases ‘Too-Big-to-Fail’ Tag with Sale of Financial Businesses
    General Electric Co. won approval to drop its designation as a too-big-to-fail financial institution, capping a transformation that has included the sale of nearly all of its lending business. The decision marks the first time a company has been granted …

Southeast

RSS West News – Insurance Journal