Commercial Lines
Chubb Establishes Aviation Hub in Canada
Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. The Canadian Aviation hub is part of a new regional ...
A Post-Covid Return to the Office? In London, Workers Want a Raise First
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 ...
InsurTech bolttech, Flush With Cash, Snatches Up Berlin-Based Digital Platform
The InsurTech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The ...
Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk
New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy ...
Executives On The Move at Liberty Mutual and Swiss Re
Liberty Mutual named a new President and Chief Operating Officer for its Global Retail Markets U.S. operations. Swiss Re Corporate Solutions appointed two executives to its International Programs ...
W.R. Berkley Grows Premium Rapidly in Q2, Crediting Rate Adequacy, Improving Economy
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed ...
Germany’s Floods Reveal ‘Sizable’ Protection Gap; Higher Insurance Demand Could Follow
With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany's recent floods are likely to be significantly higher, which highlights a ...
Digital Home Insurer Hippo Expands Into Commercial Insurance Market
Hippo, an InsurTech MGA known until now for digital homeowners insurance, is jumping into the commercial insurance market. The company's initial focus in the space still involves residences, however. ...