Specialty

UK’s Pool Re Terror Cover Can Now Cover Non-Damage Business Interruption

Pool Re announced last week that it is now is able to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before a change ...

A.M. Best Revamps Senior Management and Restructures

A.M. Best announced that Roger Sellek will step down as CEO of its Europe, Middle East and Africa (EMEA) and Asia Pacific (AP) regions at the end of March. As part of its succession planning process, ...

2018 ILS Issuance Comes Close to Record, but Q4 Slowed Down: Swiss Re

Insurance-linked securities reached their second-highest issuance levels ever in 2018, though the fourth quarter ended with a whimper. Total issuance for the year reached $9.7 billion through 29 ...

Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions

Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...

Trōv Expands Into D.C. and Seven More States

Trōv said its on-demand online, single-item insurance products are now available in seven more states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, ...

Asia-Pacific Small Businesses Appear Over-Confident About Their Cyber Preparedness: Chubb

A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a new Chubb survey. Named "Too ...

The Latest Launches From Travelers, Hanover and MS Amlin

The Travelers Companies now offers separate fine jewelry insurance cover through its Wedding Protector Plan. The Hanover Insurance Group Inc. will join RSA Group's Global Network as a U.S. strategic ...

Workers Comp Risk Threats to Come: Labor Shortages, Aging Workforce, Contract Workers

A construction/transportation worker labor shortage, an aging workforce and the rise of gig workers could harm workers compensation insurers' performance in the future and cause long-term structural ...