Commercial Lines
Another Philippines Typhoon Causes Death and Destruction
Typhoon Hagupit slammed the central Philippines with heavy rain and gales, toppling trees and power lines and threatening the recovery of regions devastated by Super TyphoonHaiyan a year ago. Schools ...
Willis Group Hires Swiss Re Vet For New Collaboration-Centric Executive Slot
Willis Group Holdings has created a new executive position focused on boosting collaboration within the company. A veteran of Swiss Re and elsewhere will fill the slot. Stefan Spohr is now the ...
Aspen Replaced its Chief Financial Officer
Aspen Insurance Holdings Ltd. has picked a new chief financial officer, choosing to fill the position from within. The Bermuda-based reinsurer and insurer disclosed on Dec. 5 that Scott Kirk has been ...
Report: Congress Nears Deal on TRIA Extension
Lawmakers are close to extending a federal program that covers a portion of corporations' losses from acts of terrorism, according to three congressional aides. House Financial Services Committee ...
Bridging the Insurance Gap in a Shared Economy
With a growing number of consumers now taking part in the "shared economy," insurers need to bridge the gap between personal and commercial insurance, says a new report from research and advisory ...
November Featured Large Doses of Severe Weather: Aon Benfield
Bad weather made a huge impact in November, with four major winter weather events and resulting fatalities in the United States, global flooding and a big hailstorm in Australia generating much of ...
Program Market a Target for Expansion, Good & Bad
The program insurance business market enjoyed its third consecutive year of growth in 2013 and appears on track to continue its expansion. However, while program business is attracting new interest, ...
ACORD’s Long-Time Leader will Retire in 2016
ACORD's long-time president and CEO plans to retire within the next year after many influential years in charge. The global non-profit insurance industry standards organization disclosed that Gregory ...