Specialty
Insurers Targeted by U.S. Sanctions Over Nord Stream 2 Pipeline
The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of the 9.5 billion-euro ($11.2 billion) Russia-to-Germany link that's ...
Zurich Insurance: COVID-19 Claims Won’t Make Huge Impact
Zurich Insurance Group does not expect property claims triggered by the COVID-19 pandemic to materially affect the group, Europe's fifth-largest insurer said on Thursday, adding that it planned to ...
Parents Fired During Pandemic Driving Litigation Surge
Parents who lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, ...
Greeley, Fortin Leave BHSI to Grow QBE NA Financial Lines
In two separate announcements released on Wednesday, QBE North America said it has appointed Todd Greeley as Chief Operating Officer, Financial Lines and Dan Fortin as President, Financial Lines. ...
How Lloyd’s Underwriters Are Viewing U.S. Property Risks Today
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd's market who were in the process of increasing property insurance rates when the pandemic hit, ...
Hamilton Promotes Three as Lloyd’s Managing Agency CEO, CUO Resign
Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd's operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief ...
Buffett’s Berkshire Hathaway Reports Sizable Insurance Profit Drop, Driven by COVID-19 and Hurricanes
Warren Buffett's Berkshire Hathaway Inc reported lower quarterly operating results on Saturday and said the coronavirus pandemic may cause further damage, even as gains in stocks such as Apple Inc ...
AIG President Zaffino Makes Case for Life & Retirement Separation
AIG will separate its Life & Retirement division into a standalone company either through an initial public offering or private sale of the unit in stages over time. Which ever option executives ...