Global Economy
Aviation Industry Braces for Substantial Premium Hikes Due to 737 MAX Grounding
The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft groundings, including the grounding ...
The Latest Launches From Beazley and Coalition
Beazley released a broad policy designed to cover infringements of Title IX, the federal law that prohibits discrimination in any public education program based on sex. Coalition, an MGA focused on ...
This Time, Bermuda Avoids Major Damage From a Hurricane
Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm despite winds that reached around 100 miles per hour (161 kph) snapping ...
Lloyd’s Plans Miami Office to Back Growth in Latin America, Caribbean Markets
Lloyd's plans to set up an office in Miami to support business development in the Latin American and Caribbean markets. "Latin America is a key market for Lloyd's, with premium close to US$1.5 ...
Executives On The Move at Octo Group, BHSI, QBE North America and Alliant
Telematics firm Octo Group appointed a new CEO. Berkshire Hathaway Specialty Insurance expanded its leadership team in France. QBE North America named a new head of Surety. Alliant hired a new ...
Selective Establishes Student Loan Repayment Program for Staff and Potential Hires
Selective Insurance Company has started offering a student loan repayment program to both employees and potential hires. The program is being handled through Selective Insurance Company of America, ...
Lloyd’s of London Prepares for ‘Sobering’ Results From Workplace Culture Survey
Lloyd's of London expects "sobering" results from a survey of the workplace culture at its member firms, the insurance market's chairman said on Wednesday as a rise in investment income drove a ...
Arch, Marsh Debut Protection for Digital Asset Private Keys
Arch Insurance (UK) Ltd. and the broker Marsh have launched new insurance protection designed to address the secure storage of digital asset private keys held in traditional vault facilities. The ...