Underwriting
Aon, Willis Towers Watson Shareholders Sign Off on Planned Merger
Shareholders of insurance brokers Aon and Willis Towers Watson have approved all of the proposals necessary to complete their previously announced combination, the firms announced. Aon intends to ...
Hurricane Laura Upgraded to Category 4; ‘Unsurvivable Storm Surge’ Expected
Hurricane Laura was expected to cause catastrophic damage and "unsurvivable storm surge" to the Gulf Coast near the Texas and Louisiana border after strengthening on Wednesday to a Category 4 storm, ...
EU Offers Limited Legal Protection for COVID-19 Vaccine Makers, Hampering Deals
The European Union is offering only partial protection to vaccine makers against legal risks from side-effects of their potential COVID-19 shots, European officials said, in a move that is hampering ...
U.S. P/C Underwriting Income Plunges 5.5 Percent in H1 2020
U.S. P/C underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19 ...
Natural Catastrophe Claims Outpaced COVID-19 During 2020 First Half: Fitch Ratings
Here's some pandemic perspective: COVID-19-related claims were not the biggest driver of the North American P/C insurance industry's overall combined ratio during the first six months of 2020. ...
The Latest Launches From Cowbell Cyber and Mercury Insurance
Cowbell Cyber said it has beefed up its signature insurance platform. Mercury Insurance is now offering New York and New Jersey homeowners an app that allows for touchless DIY inspection ...
Hurricane Laura Rivals Katrina’s Threat to US Oil Industry
Oil production shutdowns in the U.S. Gulf of Mexico are approaching the level of 2005's Hurricane Katrina, and coastal refiners on Tuesday scrambled to cut processing ahead of a major hurricane ...
Marco Capital Will Pursue European P/C Runoff Opportunities
Newly-launched Marco Capital Holdings Limited plans to pursue property/casualty insurance run-off opportunities in Continental Europe, the UK and Lloyd's of London. Marco enters the European run-off ...