Personal Lines
Hurricane Michael Helped Make October an Expensive Natural Catastrophe Month: Aon
Hurricane Michael, the fourth strongest hurricane to strike the U.S. mainland, left behind an expensive legacy, according to Aon/Impact Forecasting's October 2018 Global Catastrophe Recap. The storm, ...
Generali Beats Expectations as 9-Month Net Profit Rises 27 Percent
Italy's top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals. Net profit ...
The Latest Launches From Slice Labs/AXA XL and Roost
Slice Labs and AXA XL partnered on a new cyber insurance policy. Roost and Iceland's TM Insurance will link up in a deal that will expand access to its home telematics products. *** Slice Labs Inc. ...
Sirius International Is Now a Public Company, Thanks to Easterly Merger
Sirius International Insurance Group Ltd. is now a public company. The global multiline insurance and reinsurance group accomplished this by closing its previously announced merger with special ...
Climate Change Risks Forcing States, Cities to Borrow Billions in Move to Adapt
Dan Gelber, the mayor of Miami Beach, Florida, says climate change will be a homeowners' worst nightmare. "If you own a home and you find that your roof has a problem or you find out there's a ...
Executives On The Move at Great American Insurance Group and Swiss Re
An ex-Liberty Mutual executive joined Great American Insurance Group to help grow its cyber liability business. Swiss Re Corporate Solutions hired a new head of Property & Specialty Lines in ...
CNA Buoyed by Trump Tax Cuts and Lower Catastrophe Losses
The Trump tax cuts helped CNA Financial Corp.'s 2018 third quarter net income soar. Lower catastrophe losses also helped the bottom line, but investment income declined. Net income for the ...
Cyber Risk Management Firm Zeguro Secures $5M Financing From Munich Re, QBE, Others
Cyber Risk management firm Zeguro closed a $5 million seed financing round, attracting insurance industry investors including Munich Re and QBE. Both insurers made the capital contributions through ...