Specialty
Chubb: Collectors Boost Treasures But Not Homeowners Coverage
Art and antique collectors are buying more treasures, but not necessarily increasing their homeowners or renters insurance coverage to accommodate those high-value items, the Chubb Group of Insurance ...
QBE’s North American Business Improves; Group Profitable Overall
QBE Insurance Group Ltd., Australia's second-largest insurer by market value, climbed the most in four years in Sydney stock trading as an improving North American business and lower provisions ...
Australia’s Coal Miners and Farmers Avoid Brunt of Powerful Cyclone
Commodities producers were spared the full wrath of a powerful cyclone that smashed into the east cost of Australia packing winds up to 285 kph (175 mph), but thousands of coastal residents on Monday ...
Berkshire Hathaway Specialty and Ironshore Fill Out Singapore Teams
Both Berkshire Hathaway Specialty Insurance and Ironshore International have filled executive positions in Singapore, with a mandate of adding new customers in the Asia/Pacific region. Berkshire ...
Ariel Re Launches Atlanta-Based Facility With $20M U.S. E&S Property Capacity
Bermuda-based Ariel Re is launching Ariel Specialty Insurance Managers (ASIM), a new Atlanta-based surplus lines property insurance underwriting unit. The venture will offer up to $20 million of ...
Large Product Liability Awards Made Comeback in 2014
Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more bad news for carmakers with defective parts. Absent for a decade, ...
Swiss Re Eyes South Africa For Commercial Insurance Expansion
A division of Swiss Re has expanded into South Africa with a focus on commercial insurance coverage and services for mid-and large-sized corporate clients. Swiss Re Corporate Solutions' advance into ...
Midwest Flooding More Frequent: University Study
The U.S. Midwest and surrounding states have endured increasingly more frequent flood episodes over the past half-century, according to a study from the University of Iowa. The UI researchers based ...