Specialty
CEO Viewpoint: Jewelry Insurance Is a Carrier Growth Opportunity
With losses from Hurricane Ida and its aftermath reaching $25-$30 billion, far too many homeowners don't realize they may not have insurance coverage for flooding. While tens of thousands of flood ...
China Cracks Down on Cryptocurrencies, Banning All of Them
China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring ...
Executives On The Move at Arch, SiriusPoint and Aviva
Arch Insurance International has appointed a new General Counsel. Global specialty insurer/reinsurer SiriusPoint Ltd. named a new Chief Actuary. UK insurer Aviva promoted a veteran executive to the ...
CEO Viewpoint: Seeing the Light Through the Mountain of Paper
Imagine explaining the concept of insurance to an alien. After the end of the elevator pitch, I guarantee they would think it was a pretty cool idea. At its heart, insurance is a simple and great ...
‘Attribution Science’ May Help Plaintiffs Push Climate Suits Ahead
Although a U.S. Supreme Court decision put an end to climate lawsuits alleging violations of the federal common law of public nuisance, a second round of state actions may get further, researchers ...
Social Inflation or Science: What Is Fueling Climate Litigation?
A rising amount of litigation tied to the environmental and health impacts of greenhouse gas emissions prompted a question from the leader of a liability risk analytics company recently: "Is it about ...
The Latest Launches From Munich Re’s HSB, Brit Ld. and KCC
Munich Re's HSB Canada launched a collection of cyber insurance and services designed to protect small and medium-size businesses. Brit Ltd., the London-based specialty insurer and reinsurer, has ...
Mutual Insurers Returned Nearly $13B in Premiums Through 2020
Mutual insurers returned nearly $13 billion in premiums through 2020 in response to policyholders' COVID-19-related challenges, and the sector ran at an underwriting loss as a result. Still, the ...