Underwriting
Travel Interrupted: Thousands Stranded Globally by China Bans
China's coronavirus outbreak has triggered an unprecedented clampdown on travel to and from the world's second-largest economy, leaving thousands of people stranded across the globe and dealing a ...
Buckle Debuts Driver Rideshare Policy With Personal and Commercial Cover
InsurTech startup Buckle is rolling out what it bills as the first rideshare-only insurance that provides rideshare and Transportation Network Company (TNC) drivers with personal and commercial ...
InsurTechs Focused on Insurance Comparison, IaaS Win More Funding
Two InsurTechs attracted new venture funding. One is an insurance comparison site, and the other an MGA that also offers an infrastructure-as-a-service software platform. *** The Zebra, an insurance ...
AXA XL Hires Its First-Ever Global Chief Underwriting Officer for Cyber
A veteran of Beazley, Gen Re and Zurich is joining AXA XL as its first-ever global chief underwriting officer for cyber. Elizabeth (Libby) Benet will focus on helping to manage AXA XL's cyber risk ...
Nissan Driverless Car Completes 230-Mile Journey in UK
A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such trip in the country as carmakers race to develop driverless technologies which are ...
Singapore Will Add More Climate Change Risks to Financial Industry Stress Tests
Singapore plans to include a broader range of climate change-related risks in a future stress test of its financial industry, a government minister said. The Monetary Authority of Singapore plans to ...
The Hartford’s 2019 Navigators Acquisition Pays Off
The Hartford closed out 2019 with gains in net income and net investment income, buttressed in part by its $2.1 billion acquisition of specialty insurer Navigators Group. Net income hit $543 million, ...
Scientists Perplexed by Climate Change Models Running Red Hot
There are dozens of climate models, and for decades they've agreed on what it would take to heat the planet by about 3° Celsius. It's an outcome that would be disastrous—flooded cities, ...