Reinsurance
Carriers, InsurTechs Plot a Complicated Return to the Office
After more than 17 months of working from home due to COVID-19 safety concerns, many carriers and InsurTechs are planning a collective return to the office. The pandemic isn't over yet, of course, ...
Expect a Quicker, More Robust Global Insurance Recovery Than in 2008: Swiss Re
The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and ...
A Post-Covid Return to the Office? In London, Workers Want a Raise First
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 ...
Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk
New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy ...
Executives On The Move at Liberty Mutual and Swiss Re
Liberty Mutual named a new President and Chief Operating Officer for its Global Retail Markets U.S. operations. Swiss Re Corporate Solutions appointed two executives to its International Programs ...
W.R. Berkley Grows Premium Rapidly in Q2, Crediting Rate Adequacy, Improving Economy
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed ...
Germany’s Floods Reveal ‘Sizable’ Protection Gap; Higher Insurance Demand Could Follow
With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany's recent floods are likely to be significantly higher, which highlights a ...
Group of State Attorneys General Urge Support for $26B Opioid Settlement
A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still ...