Commercial Lines
Italy’s Generali Expanded Existing Policies and Added New Ones to Confront Coronavirus
Generali's global headquarters in Trieste, Italy is only a few hours away by car from Milan, the epicenter of the coronavirus outbreak that erupted in the country in mid-February. That means the ...
Executives On The Move at QBE North America and Acadia Insurance
QBE North America recently appointed a new chief operating officer. W.R. Berkley's Acadia Insurance brought on a former New Hampshire insurance commissioner as its chief underwriting officer. *** QBE ...
U.S. Cybersecurity Report Calls for Major Government Role in Cyber Insurance
A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally funded center to develop cybersecurity insurance ...
Buffett Cancels ‘Woodstock for Capitalists’ Due to Coronavirus Worries
Warren Buffett on Friday said the coronavirus pandemic forced him to cancel Berkshire Hathaway Inc's annual shareholder weekend, the largest gathering in corporate America, because the safety of ...
Italy’s Generali Will Create Fund to Help Countries Combat Coronavirus
Italy's biggest insurer Generali on Friday joined a rising number of companies that have rushed to provide funds to fight the coronavirus crisis. Italy has been hardest hit by the outbreak in Europe, ...
The Latest Launches From Swiss Re and Trov
Swiss Re formed a strategic alliance with Microsoft Corp. that will give it access to some digital tools. Trov said its technology will be used to help manage risk data for a car-share fleet of Tesla ...
Cyber Attack Risks Rise With Coronavirus Pandemic
As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: cyber attacks. Aon on Friday issued an advisory cautioning ...
Coronavirus Crisis Hits Insurers With Double Whammy
Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy — a sharp rise in payouts at a time of big ...