Content from Mark Hollmer
Japan Kumamoto Quakes Caused Billions of Dollars in Economic and Insured Losses
The estimates are early, but economic and insurance losses stemming from the earthquakes that struck Japan on April 14-15 are already in the billions of dollars and rising. Catastrophe modeling firm ...
Chubb CEO Evan Greenberg Joins Chorus Opposing NC Bathroom Law
https://www.youtube.com/watch?v=lTZPClIFD14&feature=youtu.be Chubb Chairman and CEO Evan Greenberg has joined the growing chorus of business leaders, academic and public figures condemning North ...
Montross to Depart Gen Re; New CEO Will Report to Possible Buffett Successor Jain
General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday. An eventual successor will report to Berkshire ...
For Insurance Industry, Diversity Remains Elusive at the Top
For those hoping to make the insurance industry leadership and rank and file more diverse and attract younger employees, a wide-ranging study quantifies how much of a challenge lies ahead. About 85 ...
XL Catlin Backs Startup Developing On-Demand, Pay-Per-Use Insurance for Rideshare Drivers
XL Catlin's investment arm is helping to back an insurance startup designed to provide on-demand, pay-per-use insurance for rideshare drivers. Slice Labs is the new startup, and it disclosed $3.9 ...
Chubb Forms North America Small Commercial Insurance Arm
Chubb has launched its North America Small Commercial Insurance division, a targeted effort to reach a market segment where industry observers see big growth potential. Today's Chubb is the product ...
Ironshore’s New China-Based Parent Fosun May Put It Through an IPO
Ironshore Inc. disclosed that China-based parent Fosun International Ltd. – which completed its acquisition just four months ago – is mulling an initial public offering for the Bermuda-based ...
A Working National Flood Insurance Bill by Fall? It’s Possible
The 2016 election season won't hamper ongoing work on renewing and reforming the U.S. government's struggling National Flood Insurance Program well before it expires in September 2017, a leading ...