Risk
Insured Losses From Germany’s Flooding Could Reach $6B: AIR Worldwide
AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...
Chubb Celebrates ‘Robust’ Q2 Financial Results; Commercial Lines Premium Gains Soar
Chubb released extremely positive Q2 results on July 27, driven in particular by strong gains in its commercial property/casualty business and related rate hikes in the sector. The company used words ...
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh
Global commercial insurance prices rose 15 percent in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh ...
PartnerRe Q2 Results Display Positive Income, Rate and Investment Gains
PartnerRe saw a strong jump in net income during the 2021 second quarter, backed by strong rate increases and reduced impact from the COVID-19 economic downturn. The Bermuda-based reinsurer booked ...
Agentero Raises $13.5M to Expand Its Digital Insurance Network for Agents
Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based InsurTech, launched in 2017, is designed to help ...
COVID-19 Did Not Delay Workers Comp Med Treatments But Some Care Avoided: WCRI Study
COVID-19 did not delay medical treatment for workers' compensation claimants, but did decrease the amount of emergency care and other services provided to injured workers, a study released Thursday ...
Global Supply Chains Falter as Inflation Continues and Virus Levels Jump
A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from ...
Executives On The Move At W.R. Berkley and BHSI
W.R. Berkley Corp. gave the head of its Berkley Re Asia operations some added new responsibilities as part of a reorganization. Berkshire Hathaway Specialty Insurance appointed a former Chubb ...