Specialty
Executives On The Move at XL Catlin, Kemper and Arch Insurance Group
XL Catlin promoted two executives in the U.S. and Bermuda. Kemper hired a former AIG executive to lead a key business line, and another at the company has been promoted. Arch Insurance Group named ...
Zurich Combines North America Commercial, Global Corporate Units; Horgan to Lead
Zurich Insurance Group continues its ongoing effort to reorganize and streamline with news that its North America Commercial Markets and Global Corporate businesses will combine into one division. ...
The Latest Launches From QBE North America, Aon, Arch Insurance and More
QBE North America and Stateside Underwriting Agency will provide new products for mortgage-related professionals. Aon unveiled a service for companies struggling to comply with new EU data protection ...
Generali Hires Ex-Allianz Exec to Run New U.S.-Based Global Construction Practice
The U.S. arm of Generali Group launched its new Global Construction Insurance practice and has hired a former Allianz executive to run it. Greg Mason will serve as vice president of Construction for ...
What to Expect in Commercial Insurance Pricing in 2017: Willis Towers Watson Forecast
The marketplace for commercial insurance will continue to favor insurance buyers in 2017, particularly those with strategic risk management and risk transfer strategies, according to Willis Towers ...
Tokio Marine’s Houston Casualty Gets Upgrade to A++ from A.M. Best
A.M. Best announced last week that it upgraded the financial strength ratings of the property/casualty members of Houston Casualty Group and of HCC Life Insurance Company to the rating agency's ...
Double-Digit Drop in Q3 Profit for Insurance Ops at Buffett’s Berkshire
Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General ...
Election Uncertainties Prompt Fairfax’s Watsa to Dump U.S. Treasuries
Fairfax Financial Holdings Ltd., the Canadian holding company run by value investor Prem Watsa, sold almost all of its long-dated U.S. Treasuries amid global uncertainty, including the outcome of the ...