Markets
Generali Opens EU Lobbying Office in Brussels
Italian insurer Generali has opened a representative office in Brussels to boost its public affairs activities with the European Union. Generali said it aims to represent its business priorities ...
Swiss Re Warns Canada Is Unprepared for Climate Change-Spurred Hurricane Risks
Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada's homeowners, businesses and insurers underestimate that escalating risk, according to one ...
Conti Ransomware Gang Has Struck 16 U.S. Health and Emergency Networks: FBI
The Federal Bureau of Investigation said that the same group of online extortionists blamed for striking the Irish health system last week have also hit at least 16 U.S. medical and first response ...
Opioids Are the Next Tobacco. Are Antibiotics the Next Opioids?
The fact pattern is familiar. Drug companies market a legal and regulated drug, resulting in significant overprescription of that drug. Over time, a public health crisis emerges and annual deaths ...
Do Reinsurers Rule the Industry?
"If you're an insurer today, and you're really good at underwriting, you should evolve into being a reinsurer and jettison out other assets." The words of advice from InsurTech Co-Founder Marty Young ...
7 Emerging Risks to Watch: Climate Change, Pollutants, Cyber Threats
Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are likely to fall into landmines. What insurance risks or the immediate or near ...
The Latest Launches From Chubb and Utica National
Chubb introduced a new insurance product for the lower middle market segment. Utica National Insurance Group is partnering with two companies to provide crisis public relations services to its school ...
Broker Truist Acquires Constellation Affiliated Partners Wholesaler Platform With 7 MGAs
Broker Truist Insurance Holdings will acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist ...