Underwriting
The Latest Launches From Chubb and XL Catlin
Chubb came out with new coverage options for the clean tech industry. XL Catlin debuted an enhanced professional liability insurance policy form targeted to architects, engineers and design ...
Porsche Drawn into VW Diesel Suits
Porsche Holding SE was dragged deeper into the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead of the one-year anniversary of the scandal. A group of institutional ...
AIG Unloads Stake in Lloyd’s Business; Strategic Relationship Remains
American International Group will sell off its 20 percent stake in the carrier's Lloyd's of London insurance operations – it's latest restructuring move. But the insurance giant will keep an ...
Allstate’s August Pretax Catastrophe Loss Tally: $154M
Allstate said its estimated pretax losses in August came in at $154 million, a sizable decline from the previous month. The Illinois-based property/casualty insurance giant said those losses ...
Typhoon Meranti Wreaks Havoc in China and Taiwan
Typhoon Meranti wreaked havoc in China and Taiwan after striking late Wednesday, causing damage, widespread flooding and massive power outages, according to RMS. It appears, however, that things ...
Bespoke Coverage Could Help Reinsurers Dig Way Out of Profit Plunge
In a world of increasing automation and standardization, Europe's big reinsurers are betting that a more personal touch can reverse years of falling prices. Companies including Munich Re AG and Swiss ...
Uber Driverless Auto Pilot Program Rolled Out in Pittsburgh
When Pittsburgh woke up on Wednesday morning, some residents started having the choice of going about their day in an Uber that drives itself. The launch of Uber's self-driving pilot program marks ...
As Terrorist Attacks Shift Focus, P/C Carriers Must Broaden Their Cover: Guy Carpenter
The property/casualty industry must expand its terrorism-related cover to address a shift in how terrorist attacks are being conducted, a Guy Carpenter executive said. Recent ISIS or ISIS-inspired ...