Commercial Lines
Chubb CEO Greenberg Elaborates on Initial Critical Comments About Wholesale Brokers
In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still ...
Executives On The Move at CNA, Hamilton Re and Groundspeed Analytics
CNA has a new president and CEO of its Canadian division. Hamilton Re made a number of new appointments and promotions to its managing team. Commercial insurance data automation firm Groundspeed ...
Insurance Linked Securities Continue 2016 Growth Trend
Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS Market Update from Willis Towers Watson Securities, the ...
More Brexit Fallout: FM Global Chooses Luxembourg as EU Hub
U.S. commercial property insurer FM Global is planning a European hub in Luxembourg following Britain's decision to leave the bloc, the head of its European division told Reuters. The mutual insurer, ...
SCOTUS Might Limit Where Corporations Can be Sued
The U.S. Supreme Court on Tuesday appeared poised to clamp down on where corporations can be sued, a potential setback for plaintiffs' lawyers who strive to bring cases in courts and locales they ...
New York’s New Cyber Regulation Could Impact D&O Liability Coverage
While the full implications of the New York State Department of Financial Services' (DFS) cybersecurity regulation, which went into effect March 1, are still being realized by the insurance industry, ...
RIMS 2017: Experts Urge Insurers to Treat Cyber As Risk Management Issue
If fire breaks out in a building, you wouldn't run out and buy and extinguisher to fight it after the fact. You'd likely already have one. The same idea should apply to cyber insurance, and yet ...
Swiss Re Economists Win International Awards for Research on Catastrophe Protection Gap
Thomas Holzheu and Ginger Turner of Swiss Re have received Shin Research Excellence Awards for their paper on "The Natural Catastrophe Protection Gap." The awards are given by the Geneva Association ...