Underwriting
Delta Could Bring 2020 Estimated Hurricane Losses Above $26B
Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional $800 million to $1.5 billion in losses to offshore structures, CoreLogic ...
Intact Financial Consolidates U.S., Canadian Specialty Biz Under Single Brand
Intact Financial Corp. has officially consolidated its Canadian and U.S. specialty insurance operations under a single brand, an expected action following two acquisitions. The Toronto-based carrier ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
J&J’s Contribution to Potential U.S. Opioid Settlement Could Hit $5B
Johnson & Johnson said on Tuesday it will contribute up to $1 billion more to a potential settlement of lawsuits alleging it and other companies fueled the U.S. opioid epidemic, bringing its ...
Financial System Risks Initially Contained, but IMF Warns Vulnerabilities Are Rising
Policymakers' unprecedented response to the global health crisis has contained risks to the financial system, but a prolonged recession or policy missteps could ignite growing vulnerabilities ...
Executives On The Move at Munich Re, BHSI and Willis Towers Watson
Munich Re Specialty Insurance has a new Chief Underwriting Officer. Berkshire Hathaway Specialty Insurance named an underwriting executive in Ireland. Willis Towers Watson hired a director for ...
Swiss Re, Auto Maker Daimler Launch MGA Focused on Auto and Mobility Insurance
Swiss Re and Daimler Insurance Services are jointly launching a managing general agent focused on automotive and mobility insurance. Dubbed Movinx, the aim of the 50/50 joint venture is to develop ...
A Look at What InsurTech Investors Should Embrace and Leave Behind
Which technology should InsurTech investors move away from, and what should they embrace instead? These are typical questions investors in the space (and others) must ask themselves over time, in ...
Public-Private Partnership Warranted to Help Businesses Harmed by COVID-19: A.M. Best
A public-private partnership or an outright government program will be both necessary and warranted to help businesses harmed by COVID-19, A.M. Best said in new commentary. One reason why: the ...