Specialty
AXIS Capital Closes Novae Acquisition, Discloses Revamped Executive Team
AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd's, with 2016 global gross written ...
Carrier Innovation Broadening Commercial Insurance Reach in Changing Economy: Swiss Re
Carrier innovation is giving commercial insurance a broader reach as the economy continues to deal with major structural changes, according to a new Swiss Re sigma report. The reinsurer noted that ...
Assurant to Acquire The Warranty Group for $2.5B, With Eye on Quicker Global Growth
Assurant will pay $2.5 billion to acquire The Warranty Group, a rival that provides insurance protection plans in areas including consumer electronics and appliances. Plans call for closing the deal ...
Berkley Regional Specialty Will Become Berkley Aspire
Berkley Regional Specialty is changing its name as part of a rebranding effort and expansion. The W.R. Berkley Corp. company said it will become Berkley Aspire as of Jan. 1, 2018. According to the ...
Ireland Confronts Aftermath of Ophelia, Its Worst Storm in 50-Plus Years
Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people ...
For Some CA Wineries, Insurance Wildfire Payments May Fall Short
Cyber Risk Rises to Top of Corporate Agenda With EU Regulatory Deadline: Marsh
The upcoming implementation of the European Union's General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for ...
The Latest Launches From Swiss Re, Root, Hudson Insurance and More
A commercial auto insurance startup has a new strategic partnership with Munich Re's Digital Partners. Swiss Re's Corporate Solutions business started selling a multi-coverage management liability ...