Specialty
Internet Trade Groups File Appeal Urging U.S. Court to Bring Back ‘Net Neutrality’ Rules
A coalition of trade groups representing companies including Alphabet Inc, Facebook Inc and Amazon.com Inc, urged a U.S. appeals court to reinstate landmark "net neutrality" rules adopted in 2015 to ...
U.S. P/C Insurance Underwriting Income Reflects a Big Rebound in H1: A.M. Best
The U.S. P/C insurance industry saw its net underwriting income rebound substantially in the first half of 2018, according to a new A.M. Best special report. That number reached $5.3 billion for H1 ...
Reinsurance Consolidation Won’t Let Up Anytime Soon: Standard & Poor’s
Expect more reinsurance M&A deals in the coming months as reinsurers seek to remain competitive through tough market conditions, S&P Global Ratings predicts in a ...
Executives On the Move at Zurich North America, Arch and CopperPoint Insurance
A former Allied World executive will become Zurich North America's new chief claims officer. Arch Insurance promoted a long-term executive to handle strategy and distribution for its North American ...
Major Cyber Event Could Produce Significant Losses for Some Major Carriers: A.M. Best
Three of the top 20 cyber insurance providers could face "meaningful to significant gross losses" from a single-event cyber catastrophe, according to an A.M. Best report based on modeling conducted ...
Japan Floods Leave Behind Up to $4B in Insured Losses: AIR Worldwide
Massive flooding in Japan earlier this summer will be costly, with insured losses landing between an estimated $2 billion and $4 billion, according to AIR Worldwide. As the catastrophe modeling firm ...
No-Deal Brexit Could Affect Everything From Insurance Contracts to Consumer Pricing
Britons face higher prices when buying from the European Union unless the government can secure a Brexit deal, while retirees in countries like Spain risk losing access to pensions paid into U.K. ...
Executives On The Move at AIG, Farmers, AXIS and Marsh
Both American International Group and Farmers hired new chief information officers. AXIS Capital Holdings Limited appointed a veteran executive to the newly created position of chief strategy ...