Specialty
Insurers Liable For Little of $2B Nepal Quake Cost
Damage in India could cost an additional $800 million, according to figures from the disaster-modeling firm that include property damage and long-term business-interruption costs. Less than 1 percent ...
Berkshire Hathaway Specialty Insurance Jumps Into Australia Market
Berkshire Hathaway Specialty Insurance Company is moving into the Australian market. Executives launched operations for the insurer in Sydney. BHSI will offer property, casualty, financial lines and ...
RMS, AIR Worldwide Tally Catastrophic Damages From Nepal Earthquake
RMS and AIR Worldwide have issued early damage assessments from the catastrophic Nepal earthquake on April 25, pointing to huge fatalities and historic levels of damage to property and the economy. ...
Catastrophe Losses Dented Chubb’s Q1 Net Income
Severe U.S. winter weather left Chubb Corp. with higher catastrophe expenses in its 2015 first quarter, a major factor that dampened net income. But CEO John Finnegan framed the overall results as ...
Munich Re’s Hartford Steam Boiler Invests in ‘Internet of Things’ Tech Startup
Munich Re's Hartford Steam Boiler made a seed stage investment in Waygum, a technology startup focused on building a mobile app platform for the Industrial Internet of Things. HSB isn't disclosing ...
Swiss Re, IBM, to Team on Corporate Cyber Risk Protection
Swiss Re is linking up with IBM in a bid to address demand for better corporate cyber risk protection. Neither side is disclosing financial details. Specifically, the partnership is between the Swiss ...
Executives On The Move at ACE, TigerRisk, Allianz and More
We have a number of new executive appointments to tell you about at ACE Group, Tiger Risk, Allianz, Canopius and Infinity Property and Casualty Corp. *** ACE Group said it has made a number of ...
Bird Flu Could be ‘Catastrophe’ For Turkey and Egg Industries
Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. "This ...