Commercial Lines
Crop Insurance Market Consolidation Shows No Sign of Stopping: Conning
Crop insurance was once a sector full of smaller players, but an M&A-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and Conning predicts a continuation ...
VW Will Cough Up $69M to Settle Emissions Suits in New Jersey
Volkswagen AG confirmed on Tuesday it has agreed to pay $69 million to settle New Jersey state diesel emissions claims, one of the last major outstanding diesel legal issues the German automaker ...
The Latest Launches From Chubb, BHSI, Allstate and Beazley
Berkshire Hathaway Specialty Insurance launched a new policy in Canada that combines cyber liability and breach response coverage, along with risk management resources. Allstate's Business Insurance ...
Chubb Establishes Small Commercial Division for Asia Pacific Region
Chubb established its new Small Commercial Division for the Asia Pacific region, with a focus on risk management needs of small- and medium-sized businesses. Jason Keen, Chubb's regional head of ...
AXA Will Push P/C, Protection and Health Insurance Growth Through 2020
French insurer AXA confirmed its key 2020 financial targets on Tuesday after announcing a management shake-up that saw the departure of several senior executives. Chief Executive Thomas Buberl, at ...
Cyber Insurance Market Will Near $17B by 2023: P&S Market Research
The global cyber insurance market, valued at $3.4 billion in 2016, is forecasted to reach nearly $17 billion by 2023, growing at a compound annual growth rate of more than 20 percent from 2017-2023, ...
Travelers Plans to Stick to Current ‘Prudent’ Cyber Insurance Growth Rate
Travelers Cos Inc plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer ...
Calif. Wildfires Could Leave Behind $8B in Insured Losses: Aon Benfield
California's historic wildfires may lead to as much as $8 billion in insured losses. That's a record for insurers, according the October 2017 Global Catastrophe Recap from Aon Benfield's Impact ...