Global Economy
The Latest Launches From Zurich, Aon and Neptune Flood
Zurich Insurance Group launched a new legal panel to provide advice on managing large and complex claims across Europe, the Middle East and Africa. Aon is partnering with cybersecurity company GK8 to ...
Oil Companies Are Paying Big to Bolster D&O Coverage
The U.S. oil and gas industry is paying a hefty price to protect its top brass against potential bankruptcy and investor lawsuits. Oil companies are shelling out as much as 75% more to renew ...
The Latest Launches From Nationwide/Bold Penguin and Munich Re
Nationwide and Bold Penguin are testing an independent agent-facing commercial insurance quoting and selling platform. Munich Re Specialty Insurance (MRSI) released a Miscellaneous Professional ...
Global Investors, Politicians Spied on by Little-Known Indian Cyber Firm
A little-known Indian IT firm offered its hacking services to help clients spy on more than 10,000 email accounts over a period of seven years. New Delhi-based BellTroX InfoTech Services targeted ...
The Latest Launches From Praedicat and BHSI
Praedicat is debuting COVI19 litigation scenarios and a COVID-19 litigation tracker designed to help clients manage their exposure on casualty lines of business. Berkshire Hathaway Specialty ...
Lemonade Files Planned IPO Worth Up to $100M
Lemonade disclosed plans for an initial public offering worth as much as $100 million. The New York-based InsurTech has applied to use "LMND" as its ticker symbol for the New York Stock Exchange, ...
Opinion: Death of the Office? Not So Much
I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, ...
Excluding Workers Comp, U.S. Commercial Insurance Saw Rapid Q1 Rate Hikes
U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson's pricing survey for the sector. Price increases ...