Underwriting
ACE Absorbs Fireman’s Fund Business and Seeks High-End Canadian Clients
More than three months after ACE Group said it would snatch up Fireman's Fund's U.S. high-net-worth personal lines business from Allianz for $365 million, the deal is finally closed. ACE isn't ...
Holes in the Market; Casualty Survey Finds Coverage Gaps to be Filled
While nearly 70 percent of risk managers surveyed are "very satisfied" with their casualty insurance programs, more than one-fifth report some gaps in coverage that they are unable to fill, a recent ...
Zurich Canada Rolls Out Sophisticated Drone Coverage For Corporate Clients
Zurich's Canadian arm unveiled a new drone insurance package designed for corporate clients. It's designed to appeal to multiple industries that do business in the country and address coverage gaps ...
Sizing Up the Casualty Insurance Market: Top Five Writers and Pricing Trends
While there are signs that general liability insurance prices started falling off for the largest accounts late last year, strong pricing over the past few years has fueled growth for casualty ...
Customer, Expert Partnerships Advancing AIG Safety Agenda: Hancock
While the world is far safer these days—in part thanks to property/casualty insurers—carriers can continue the trend by creatively collaborating with clients and outside experts, American ...
W. R. Berkley Combines U.S. Broker Reinsurance Units
W. R. Berkley Corp. announced Monday that it has combined its U.S. broker reinsurance units, Berkley Re America and Facultative ReSources, into a single operating unit that will trade under the ...
Severe European Storms Hamper Air Travel and German Railway
Severe weather across Europe disrupted air travel at some of the region's largest hubs, including Frankfurt, London, Amsterdam and Munich on Tuesday and hampered regional rail services in Germany. ...
Reputational Harm Claims Most Costly For Small Businesses: The Hartford
Claims involving libel, slander and violation of property – known as reputational harm in industry lingo – are the most expensive that small businesses are likely to experience. The most common: ...