Specialty
PURE Introduces Self-Serve Member Portal
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that caters exclusively to high-net-worth individuals and families, announced the release of the ...
Validus CEO: Malaysia Crash Will ‘Have Implications’ For Aviation, War Markets
Validus Holdings Ltd. Chairman and CEO Ed Noonan said that the crash of Malaysia Airlines Flight 17 after a missile shot it down over the Ukraine earlier this month will likely "have implications" ...
Allied World’s Sales Dip, Stock Drops
Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts' estimates amid a decline in sales. Allied ...
Aspen CEO Sees Opportunity in Aviation War Market
While insurers including Allianz SE, Atrium Underwriting Group and AIG have taken recent hits with plane crashes in the Ukraine, Taiwan and elsewhere, Aspen Insurance Holdings has avoided major ...
AIG Is Lead Insurer for Taiwan Plane Crash
American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan's Magong airport, according to Aon Plc, a broker that tracks the market ...
Colorado Regulators See Real Link Between Quakes and Wastewater Wells
Colorado regulators said on Thursday that the disposal of oil and gas wastewater at a well in Weld County likely caused a series of small earthquakes this year, in another sign that a U.S. drilling ...
Cat Losses Ding Travelers’ Q2 Net Income
The Travelers Cos. began 2014 with a bang, giving investors a first quarter of soaring net and operating income, thanks in part to a major acquisition. For Q2, however, higher catastrophe losses ...
Canadian Earthquake Cat Modeling Gets an AIR Worldwide Revamp
AIR Worldwide revamped its earthquake model for Canada, with updates covering seismicity, paleoseismic and active fault data, among other areas. Simply put, the Massachusetts-based catastrophe risk ...