Commercial Lines
Chubb CEO Greenberg Condemns Trump Rally Violence and ‘Demagoguery’
Over the last four years, Chubb CEO Evan Greenberg has railed against U.S. President Donald Trump's actions and his administration's policies. Jan. 6 was no different. After a Trump rally spurred a ...
European Companies Will Seek Insurance, Healthcare and Other Assets in China
European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's second-largest economy and the European Union agreed to an ...
Natural Catastrophe Damages Reached $210B in 2020: Munich Re
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...
Insuring the Freelance Economy
There are some 65 million freelance workers in the U.S. today. By 2027, that number will grow to 87 million—and that means most of the workforce will be freelancers. More than half not working for ...
In-Person Again? Some P/C Groups Are Planning Gatherings, With an Asterisk
Some of the property/casualty insurance industry's major industry groups are actively planning for face-to-face meetings again in 2021. Don't worry, virtual events are also part of the game plan. To ...
Executives On The Move at Kemper, BHSI and Intact Financial
Kemper Corp. brought on a new executive to lead its human resources and administrative operations. Berkshire Hathaway Specialty Insurance named a new Senior VP and Product Line Officer for its ...
Jan 1. Renewals Produced Super-Sharp Commercial Insurance Rate Hikes
Lower investment yields, adverse catastrophe loss development, higher loss cost trends, concerns over climate change, and, of course, the pandemic coalesced to bring some of the sharpest price ...
Executives On The Move at AXA XL, Markel and Buckle
An AIG veteran has joined AXA XL as an executive based in New York. Markel Corp. hired a new executive focused on diversity and inclusion. Buckle hired a former Farmers and USAA executive to its ...