Specialty
Chubb Establishes Digital Team for Continental Europe, UK and Ireland
Chubb's push to broaden its digital product and service offerings has led to the creation of a new team in the space for Continental Europe, the United Kingdom and Ireland. The team will also focus ...
UK Travel Insurance Startup Raises $12M; U.S. Headquarters Planned
UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, raised $12 million in new venture capital financing designed to fuel growth, market expansion and ...
A Surge in Insurance Policies for M&A Deals Gone Wrong
A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms cover for when a deal goes ...
Eta and Iota Hurt, Causing $9B in Economic Losses: Aon
North American hurricane landfalls in November added about $9 billion to the total Atlantic seasonal financial toll in terms of catastrophe losses, Aon said in its latest Global Catastrophe Recap ...
La Niña Should Stick Around Through March 2021
There is about a 95% chance of La Niña conditions prevailing through the Northern Hemisphere winter from January to March, a U.S. government weather forecaster said on Thursday. The La Niña pattern ...
‘Difficult Conditions’ Ahead for D&O Clients in 2021: Marsh
Buyers of directors and officers liability coverage are expected to face "difficult conditions" in the U.S. well into 2021, Marsh has concluded in a new report evaluating the sector. That means ...
Insurers Eye Post-Pandemic Clout While Pursuing Major Merger Deals
Insurers pummeled by the pandemic are looking to deals as they race to see who'll emerge strongest when the outbreak subsides. The takeover of RSA Insurance Group Plc and Allstate Corp.'s largest ...
Next Insurance Snatches Up Juniper Labs, a Data/Underwriting Tech Startup
Next Insurance - an InsurTech focused on small business coverage - has closed its first acquisition. More could be on the horizon. The California-based company startup acquired Juniper Labs, a ...