Underwriting
QOMPLX Plans MGA Subsidiary Launch for Fall 2020
QOMPLX, the developer of an intelligent decision platform used in cybersecurity, insurance, and quantitative finance, is launching a U.S.-based MGA subsidiary. RubiQon Risk & Insurance ...
Argo Group Searches for New CFO, Updates Leadership Responsibilities
Argo Group International Holdings has started searching for a new chief financial officer and is updating responsibilities for its senior leadership team in a broader, related move. The Bermuda-based ...
Chubb Estimates $1.4B in Q2 Pretax COVID-19 Catastrophe Losses
Chubb's new, sobering disclosure of Q2 2020 global net catastrophe losses underscores the damage COVID-19 is doing to carriers' bottom lines. The global property/casualty insurer reported a whopping ...
Torrential Rain, Thunderstorms Batter Parts of China, Creating Flood Risks
The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on Monday as torrential rain and thunderstorms battered swathes of the country, including ...
Climate Battles Are Moving to the Courtroom, Fueled by Creative Arguments
Climate change may be having its day in court. With the slow pace of international climate negotiations, lawyers from Switzerland to San Francisco are increasingly filing lawsuits demanding action. ...
Lemonade’s Debut Day of Trading Sees 140 Percent Jump in Stock Price
Lemonade soared on July 2 as its stock price climbing nearly 140 percent in the InsurTech's debut day as a public company. It's a significant achievement for the New York-based startup, which only ...
California Utility Emerges From Bankruptcy After Wildfires Pushed It to the Brink
Nearly a year and a half after collapsing under $30 billion in liabilities from wildfires sparked by its equipment, PG&E Corp. has emerged from the biggest utility bankruptcy in U.S. history. The ...
Allianz CEO Baete Predicts 2021 Recovery Barring Another Major Coronavirus Hit
Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or financial market correction, the German insurer's chief ...