Underwriting
The Latest Launches From Slice Labs and W.R. Berkley Corp.
Slice Labs has expanded the reach of its cloud-based cyber insurance for small businesses. W.R. Berkley Corp.'s Berkley One expanded into Georgia and Rhode Island. *** Slice Labs said that its ...
Reinsurance Rendez-Vous 2020 Canceled Due to Coronavirus Pandemic
The 64th Rendez-Vous de Septembre (RVS) in Monaco, which was scheduled to be held Sept. 12-17, has been cancelled due to the uncertainties linked to the coronavirus pandemic. For 63 years, the RVS ...
Some Auto Insurance Pandemic Rebates Are Too Small: U.S. Consumer Groups
Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett's Geico Corp, are short-changing customers on premium rebates as Americans drive ...
Everest Re Expects $150M in Q1 Pretax Losses From Coronavirus-Related Claims
Everest Re Group estimated pre-tax losses of $150 million during the first quarter from claims related to the coronavirus pandemic. The company expects that the majority of pandemic losses will come ...
The Latest Launches From Beazley and Erie Insurance
Beazley is launching a new product recall insurance policy for private enterprises in the United States. Erie Insurance is adding gift card and gift certificate reimbursement coverage to the ...
China’s Ping An Insurance Sees Massive Profit Drop
Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak ...
White House Explores Liability Protections for Businesses Facing Coronavirus Claims
Donald Trump's top economic adviser said the administration will look at limiting liability for businesses over the spread of the coronavirus. "I think liability reforms and safeguards are going to ...
Chubb CEO Greenberg: Degree of Future COVID-19 Revenue Impact Is ‘Simply Unknowable’
Chubb Chairman and CEO Evan Greenberg insists the global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges ...