Commercial Lines
Corporate Climate Risk Disclosures Still Falling Short
Around half of companies assessed have begun to apply globally-agreed climate-related disclosure standards for helping investors to pick firms committed to sustainability, regulators said on ...
While Insurers Remain Wary, Scooter Providers Are Pursuing Scale to Survive
The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers. Hurt ...
Lockton Forms Special Team Focused on Digital Asset Protections
Insurance broker Lockton Companies announced the formation of special team focused on risk transfer for companies in the evolving blockchain and cryptocurrency industry and their digital assets. In ...
Cyber MGU At-Bay Boosts Series D Round to $205M With $20M Extension
Cyber MGU At-Bay, three months after securing a $185 million venture capital financing round, is celebrating raising another $20 million. How to classify this additional $20 million infusion from new ...
New Partnerships Target Claims Experience, Climate Resilience and Auto Risk Assessment
One partnership will focus on boosting the claims experience for insurers and policyholders. Another looks to promote climate resilience and target social inequities. A third help insurance companies ...
Russian Online Insurer Seeks $1 Billion Valuation for IPO
Renaissance Insurance Group JSC, Russia's largest online policy provider, set a price range for its initial public offering in Moscow that values the company at as much as 73.3 billion rubles ($1 ...
Hurricane Ida, Europe Floods Will Ding Q3 Results for RenaissanceRe, Arch Capital
RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company's third quarter 2021 results. This estimate ...
Marijuana Waxes as Opioids Wane in Workers Comp
Workers compensation insurers have slashed spending on opioids, reducing the risk of addiction and delayed recovery, but now they are under increasing pressure to reimburse injured workers for a new ...