Markets
2020 Temperatures Rounded Off Hottest Decade, Hit Record
Last year tied with 2016 as the world's warmest on record, rounding off the hottest decade globally as the impacts of climate change intensified, the European Union's Earth observation service said ...
ABIR Names New Officer Slate for Next Two Years
The Association of Bermuda Insurers and Reinsurers (ABIR) disclosed its new slate of elected offers for 2021-2022. They are: Chair Marc Grandisson, CEO of Arch Capital Group Ltd; Deputy Chair Pina ...
Chubb CEO Greenberg Condemns Trump Rally Violence and ‘Demagoguery’
Over the last four years, Chubb CEO Evan Greenberg has railed against U.S. President Donald Trump's actions and his administration's policies. Jan. 6 was no different. After a Trump rally spurred a ...
Goosehead Insurance Axes Employee Involved in Storming of Capital
Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol on Jan. 6. According to a posting on Goosehead's Twitter account, ...
European Companies Will Seek Insurance, Healthcare and Other Assets in China
European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world's second-largest economy and the European Union agreed to an ...
Natural Catastrophe Damages Reached $210B in 2020: Munich Re
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...
Insuring the Freelance Economy
There are some 65 million freelance workers in the U.S. today. By 2027, that number will grow to 87 million—and that means most of the workforce will be freelancers. More than half not working for ...
In-Person Again? Some P/C Groups Are Planning Gatherings, With an Asterisk
Some of the property/casualty insurance industry's major industry groups are actively planning for face-to-face meetings again in 2021. Don't worry, virtual events are also part of the game plan. To ...