Global insurance trends

Prudential Closes Risk Transfer Deal with Shell USA

Significant deal in the US for Prudential; Prudential Financial, Inc. (PFI) (NYSE: PRU) closed a pension risk transfer transaction with Shell USA, Inc. for $4.9 billion in pension obligations covering a block of about 21,500 […]

News

Cyber Insurance: ICO Hits Marriott Hotels with £18m Fine

The ICO has fined Marriott International Inc £18.4million for failing to keep millions of customers’ personal data secure. Marriott estimates that 339 million guest records worldwide were affected following a cyber-attack in 2014 on Starwood Hotels […]

Household Insurance

Shell Energy Teams Up with AXA Partners on Home Emergency Product

Shell Energy Retail has launched a series of boiler care and home emergency services to British homeowners. The offer is delivered in conjunction with AXA Partners who will use its network of trusted local tradespeople and contractors to […]