Commercial Lines
Broker Ryan Specialty Group to Acquire Some Assets of Rival ARC Specialty
Ryan Specialty Group disclosed it has agreed to acquire some assets of a rival. Specifically, the Chicago-based broker also known as RSG will buy some assets of ARC Specialty Brokerage, a wholesale ...
The Latest Launches From Chubb and AXIS Capital Holdings
Chubb is partnering with a company to offer a cyber loss mitigation service to certain policyholders in the UK and Ireland. AXIS Capital Holdings Ltd. designed to, in part, scout out new technologies ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
For CNA, International Insurance Was a Blemish on an Otherwise Solid Q2
For CNA Financial Corp., the 2018 second quarter produced mostly gains: Higher net premiums written in most of its divisions, increased investment returns and still-healthy combined ratios in all but ...
Oracle, SAP Business Software Increasingly Targeted by Hackers: Study
At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber ...
Chubb Advances Post-Brexit Plans for France EU HQ
Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb's customers "with continuous, ...
Reinsurance a Train Wreck; Brokers and Carriers Need to Bring Value Together, Berkley Says
W. Robert Berkley, Jr., the CEO of W.R. Berkley Corp., is not one to mince words about perceived missteps in the property/casualty insurance industry. A recent assessment of the P/C reinsurance ...
It’s Time to Face Reality, Berkley Says
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2018. When catastrophes occur, "we have this ability to back the cat losses out. But ironically, the industry doesn't seem to back the ...
Tokio Marine HCC Names Rivera as CEO; Williams Promoted to Role With Parent Company
Tokio Marine HCC appointed a new CEO, choosing as its leader some who only recently joined the insurance holding company in an executive role. Susan Rivera will become chief executive officer as of ...