Reinsurance
6 U.S. States Fail to Join $26B Opioid Settlements With Distributors and J&J
At least six U.S. states, including Georgia, did not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson , which have been accused of fueling the ...
Executives On The Move at BHSI, QBE and Zurich Insurance
Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami ...
Here’s What Travelers, Coalition and Others Pledged After the White House Cyber Meeting
Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms ...
Reinsurance Rate Hikes Will Continue (and Moderate) in 2022: Fitch Ratings
Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued ...
Urbint Raises $60M to Scale Up Incident Prevention Software Tech
Urbint, a software startup that can benefit insurers and risk managers, raised a $60 million venture capital round that will help the company scale its technology and develop new products. Energize ...
Munich Re’s Groves, John & Westrup Expands into Private Client Sector
Groves, John & Westrup Ltd. has been a coverholder for Munich Re's Lloyd's syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out ...
CEOS From Travelers, Apple, Amazon and More Will Talk Cyber at the White House
The White House is hosting an event on Wednesday that will bring together America's largest technology companies for a discussion about cybersecurity challenges following a raft of high-profile ...
South Africa’s State Insurer Will Raise Premiums to Address Riot-Related Reinsurance Costs
South Africa's only insurer covering political violence will increase its premiums to cover a rise in reinsurance costs following some of the worst unrest in decades, the head of the state-owned ...