Commercial Lines
Canada P/C Giant Desjardins Seeks Acquisitions
Desjardins Group is looking to acquire insurers, wealth managers and payments firms to expand further outside Quebec and challenge the dominance of Canada's big financial services firms, Chief ...
A Robust Start: Aon Benfield’s Take on Q1 Cat Bond Issuance
Catastrophe bond issuance made a robust start during the first quarter of 2017 with seven catastrophe bond transactions that totaled US$2.17 billion, according to a report from Aon Securities, the ...
The Latest Launches From Chubb and Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance rolled out its new Employment Practices Liability policy in Canada – part of a series of policies it offers there for executives. Chubb created a product ...
Will New Munich Re CEO Wenning Succeed With ‘Hard-Nosed’ Approach?
Joachim Wenning admitted he would not be to everyone's liking long before taking the helm of Germany's Munich Re. That hard-nosed approach could prove valuable as the 52-year-old tackles falling ...
Investment Income Helped Boost CNA’s Q1 Results
CNA Financial Corp. saw big gains in its 2017 first quarter net income, mostly coming from a boost in net investment income and lower underwriting expenses. Net income for Q1 came in at $260 million ...
The Hartford CEO Swift Open to Larger Acquisitions That ‘Accelerate’ Existing Growth Plans
The Hartford Chairman and CEO Christopher Swift said he remains interested in potential acquisitions – even large ones – less than a year after completing a noteworthy M&A deal in mid-2016. ...
The Hartford Performs Well in Q1, Despite Higher Personal Auto Losses
The Hartford scored with its 2017 first quarter net income, despite higher weather, fire and personal auto loss costs. Investment income and lower net realized capital losses helped shape the better ...
Avoiding Lawsuit, United Settles With Flier Dragged From Plane
United Airlines avoided a lawsuit by settling out of court with a passenger whose forcible removal from a plane was captured on video and circulated online by fellow travelers, sparking widespread ...