Underwriting
Global Insured Losses From Natural Disasters Reached $20B in H1: Aon
Global insured losses from natural disasters during the 2019 first half reached an estimated $20 billion, according to Aon's "Global Catastrophe Recap: First Half of 2019." The report noted that the ...
European Heatwave Smashes Records, Foreshadowing a Possible New Normal
Belgian zookeepers fed chickens in giant ice cubes to tigers on Wednesday as northern Europe baked in record temperatures during another heatwave that climate experts believe could become the new ...
French Reinsurer SCOR Generates Substantial Q2 Net Profit
French reinsurer SCOR, which was the target of a failed takeover attempt last year, said its net profit for the second quarter rose 62% from the same period a year ago, helping the company meet ...
Conducting Insurance Business at the Speed of Now
Rapidly changing situations and opportunities often outpace the speed and capability of communication in today's insurance industry. Creating the ability to connect firms, brokers and underwriters ...
W.R. Berkley Rate Increases Fuel Robust Q2 Net Income and Premiums Written
Rate increases are a big factor behind W.R. Berkley Corp.'s mostly stellar Q2, with the insurer and reinsurer reporting a robust jump in net income, net investment income and premiums written. ...
A Hardening P/C Insurance Market Has Accelerated and Gone Global: Chubb CEO Greenberg
It is becoming increasingly clear that a hardening property/casualty insurance market has accelerated and gone global after initial signs first materialized earlier in 2019, Chubb Chairman and CEO ...
Facebook Agrees to Pay Record $5B to Settle Privacy Violation Claims
Facebook Inc. agreed to pay a record $5 billion to resolve a U.S. investigation into years of privacy violations, a settlement that increases the board of directors' responsibility for protecting ...
Hippo Pulls in $100M Financing Round; Broader U.S. Expansion Planned
Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm ...