Markets
AIG Promotes Two Execs in Communications/Government Affairs
American International Group made two promotions affecting its communications and government affairs functions. The insurer said that Lucy Fato would take on the newly-created position of Global Head ...
Zurich Insurance: COVID-19 Claims Won’t Make Huge Impact
Zurich Insurance Group does not expect property claims triggered by the COVID-19 pandemic to materially affect the group, Europe's fifth-largest insurer said on Thursday, adding that it planned to ...
Generali’s Profit Surpasses Expectations; Dividend Payout Delayed
Italy's top insurer Generali said on Thursday it would delay the payment of the second tranche of 2019 dividends to next year to comply with regulatory demands, after reporting nine-month operating ...
Parents Fired During Pandemic Driving Litigation Surge
Parents who lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, ...
Greeley, Fortin Leave BHSI to Grow QBE NA Financial Lines
In two separate announcements released on Wednesday, QBE North America said it has appointed Todd Greeley as Chief Operating Officer, Financial Lines and Dan Fortin as President, Financial Lines. ...
How Lloyd’s Underwriters Are Viewing U.S. Property Risks Today
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of increasing property insurance rates when the pandemic hit, ...
Hamilton Promotes Three as Lloyd’s Managing Agency CEO, CUO Resign
Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd's operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief ...
Life Insurance Next for Lemonade: Auto on the Horizon
Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report released late ...