Specialty
Global Warming Could Slash the Credit Ratings of 63 Countries: Study
A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody's and Fitch - could see their credit ...
In Ratings Agency First, A.M. Best Joins UN Program for Sustainable Insurance
AM Best became a signatory of the United Nations Environment Programme's (UNEP) Principles for Sustainable Insurance (PSI). The insurance industry plays an important role in supporting sustainable ...
COVID-19 Forces Cancellation of Monte Carlo Reinsurance Rendez-Vous for Second Year
Organizers of the reinsurance Rendez-Vous de Septembre (RVS) have decided to cancel this year's conference as a result of the ongoing COVID-19 pandemic, just as they did in 2020. "The pandemic is ...
Citizens’ CEO: Florida Market Is in Dire Straits
Florida's insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance ...
Chubb Bids for The Hartford’s ‘Crown Jewel’ and More
Five years ago, Evan Greenberg led ACE's nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. ...
Chubb Would Pay $23B for Rival Hartford in Massive Acquisition Deal
Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the ...
Rideshare Startup Buckle Brings on Everest Re Vet Camerino to Grow Strategic Partnerships
The InsurTech Buckle brought on a veteran of Everest Re and Munich Re to steer and grow its strategic partnerships. James Camerino will have the title of Head of Strategic Partnerships, after serving ...
Zurich Debuts New Business Unit Focused on Evolving Risks
Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich Resilience Solutions, is designed to provide services that help ...