Specialty
The Latest Launches From Munich Re America and Beazley
Munich Re America now has a personal lines homesharing insurance product designed for folks who rent their homes out for a profit in the U.S. Beazley has added two new product lines to its broker ...
Tokio Marine HCC Snatches Up NAS Insurance Services for Undisclosed Price
Tokio Marine HCC has acquired NAS Insurance Services, LLC, a specialty insurance underwriter focused on cyber and professional liability . Neither side is disclosing financial details. NAS is a ...
Rockefeller Foundation Plans to Wind Down Climate Resilience Push
The Rockefeller Foundation will end funding and dismiss the staff at its 100 Resilient Cities program, the largest privately funded climate-adaptation initiative in the U.S., the foundation announced ...
Executives On The Move at Sompo International and AXA XL
Sompo International promoted a long-time executive in a branch of its commercial property/casualty business. A long-time executive affiliated with AXA XL is stepping down from one of its divisions to ...
Marsh & McLennan Closes $5.6B JLT Acquisition
Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). "Today marks the beginning of a new era with Marsh & McLennan and JLT coming ...
Extreme Weather Makes Weather Trackers Valuable to Insurers, Banks, Commodity Traders
Every uptick in wind speed along the Gulf of Mexico shoreline is of enormous interest to Mike Eilts. The senior vice president for weather at DTN, a Minnesota-based analytics firm, knows that an ...
Two Arch Capital Subsidiaries Finalize Post-Brexit Plans
Some subsidiaries of Arch Capital Group have finalized some changes to the European operations as part of the company's broader Brexit plans. Arch Insurance EU (formerly Arch Mortgage Insurance), won ...
Germany’s Merkel Dives Into Brexit Process to Help Shield EU From UK Turmoil
Angela Merkel will this week stage her most significant intervention in the Brexit process in more than two years, as the European Union moves to shield itself from the fallout of political chaos in ...