Specialty
QBE Makes Pryce Interim CEO During Search for Replacement
QBE Insurance Group announced that Richard Pryce will assume the role of interim group chief executive officer while the search process for a permanent replacement is underway. The executive changes ...
Pandemic Pressures Push More Business Classes to Use Captive Insurers
Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms. These ...
Generali Offices Raided In Italy Insurance Probe
Italy's tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a probe related to the awarding of contracts to the Italian insurer, a document ...
PartnerRe Beefs Up Third-Party Capital Prominence, Hires Hughes to Lead Effort
A Hiscox veteran plans to join PartnerRe as the first-ever CEO of Third-Party Capital, and the unit will become a key component of the reinsurer's overall business strategy, the company said. Andrew ...
W.R. Berkley Q3: Strong Rate Hikes, Lower Net Income, Solid Combined Ratio
W.R. Berkley Corp.'s 2020 third-quarter financial results landed on the strong side despite a dip in net income and more COVID-19 losses, a result the company credits to rate hikes and underwriting ...
Few COVID-19 Cases Result in Permanent Disability: NCCI
If COVID-19 behaves like other workers' compensation lung and disease claims, about two out of 100 cases may result in some degree of permanent partial disability and one out of 2,000 may result in ...
Business Interruption Cyber Risks Demand More Insurer Attention: ITC Global Discussion
Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact, a panel of experts argued recently. BI coverage has drawn heightened attention ...
Hiscox Appoints Former Hamilton Executive Reardon as CEO of Hiscox Re & ILS
Hiscox Ltd., the international specialist insurer, announced the appointment of Kathleen Reardon as chief executive officer of Hiscox Re & ILS, subject to regulatory approval. Reardon succeeds ...