Personal Lines
Auto Insurance Startup Root Expands, Links With Lyft on Car Rental Alternative
Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an ...
The Latest Launches From Swiss Re/Ping An and Chubb
Swiss Re and Ping An Property & Casualty Insurance Company in China debuted a new product for the China market. Chubb said it has once again updated coverage options for technology companies ...
Watsa’s Fairfax Financial Closes ‘Most Significant’ Deal Yet: $4.9B Allied World Acquisition
Fairfax Financial Holdings Ltd., the Toronto-based investment and insurance company, has successfully completed its acquisition of Allied World Assurance Co. Holdings, for $4.9 billion – marking ...
China Insurance Premiums Soared in 2016, Slowed Down Most Other Places
Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in 2015, according to Swiss Re Institute's sigma study. The report described ...
Investors Begin Nudging Companies to Reduce Carbon Footprint
Investors are slowly starting to push companies to reduce their carbon footprint and help the world meet targets on limiting global warming that were agreed in the 2015 Paris climate talks. Energy ...
Autonomous Vehicles Could Shrink Auto Insurance Sector by 71% Through 2050: KPMG
While many insurance experts believe that autonomous vehicle technology could drastically shrink the auto insurance sector, new KPMG research assigns a precise estimate to the drop. The number is ...
Zurich Closes Purchase on Halo, a UK Online Rental Car Platform
Zurich is the proud new owner of Halo, a specialist, UK-based online rental car insurance platform that will help it further a strategy of growth in global travel and assistance markets. Neither side ...
Munich Re’s Tornado VR Experience Demonstrates Need for Resilient Homes
Munich Reinsurance America has developed an immersive Tornado Virtual Reality Experience to demonstrate the devastating power of tornadoes and the need for resilient homes. The reinsurer is bringing ...