Specialty
Insurers, Reinsurers Key to Addressing $2.1 Trillion U.S. Infrastructure Spending Gap
With a U.S. infrastructure investment gap of nearly $2.1 trillion looming over the next decade, insurers and reinsurers may be key to help closing it, Swiss Re asserts in a new report. "The U.S. ...
The Latest Launches From BHSI, Ironshore Specialty and XL Catlin
Berkshire Hathaway Specialty Insurance expanded its professional lines coverage in Canada. Ironshore Specialty added M&A transition coverage for construction risks. XL Catlin extended its ...
After Taking Time to Digest 2016 M&A, Insurers Ramp up for More
Insurers globally saw the number of completed mergers and acquisitions drop 13 percent in 2016 compared to the previous year, with political uncertainty and previous consolidation efforts slowing the ...
Many High-Net-Worth Individuals Worry They Are Underinsured: Chubb
More than half (54 percent) of high-net-worth individuals (HNWIs) are concerned that they are underinsured, with many worried their coverage is inadequate for their needs, according to new research ...
Trump Budget Would Eliminate Industrial Disaster Watchdog Agency
When a Texas City refinery exploded in 2005, 15 people died. Months later, the U.S. Chemical Safety Board found that putting workers in temporary trailers near danger zones at the plant raised the ...
Japan’s Government Ruled Liable for Fukushima Nuclear Disaster
A court in Japan on Friday ruled that Tokyo Electric Power (Tepco) and the government are liable for negligence in a case involving compensation for the Fukushima nuclear disaster, the first time the ...
The Latest Launches From XL Catlin, Root, CNA and QBE
XL Catlin has received approval to write insurance in Monaco. InsurTech Root's new program offers policyholders free rides on dangerous driving days. CNA has added Aclaimant to its Allied Vendor ...
W.R. Berkley, Tokio Marine Back Weather Analytics’ $17M Series B Financing
Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 ...