Industry News
The Big Re: Continuing Coverage
The Big Re is Carrier Management's hub for reinsurance. Launched during the week of what would have been the Reinsurance Rendez-Vous de Septembre, Big Re aims to provide complete reinsurance coverage ...
Executives On The Move at W.R. Berkley and Marsh
W.R. Berkley appointed a new president to lead one of its divisions. Marsh named a new Chief Digital, Data and Analytics officer.***
W.R. Berkley Corp. appointed ...
Lloyd’s CEO Neal Predicts Appeal Regarding UK Business Insurance Ruling
Lloyd's of London Chief Executive John Neal said on Thursday he expected a London judgment, which ordered some insurers to compensate struggling businesses for losses during the COVID-19 pandemic, to ...
More Class of 2020 Reinsurers Unlikely
The Class of 2020 already has a new member, but it's not a true startup, the chair of the company said recently. Speaking at the KBW Insurance Conference in early September, Sid Sankaran, chair of ...
The Latest Launches From AXA XL and Cowbell Cyber
AXA XL's North America Construction business is launching custom built insurance for a new class of construction business – highly protected projects. Cowbell Cyber, which uses artificial ...
NAMIC Names Merchants Mutual CEO Zak as New Chairman
The National Association of Mutual Insurance Companies named Robert Zak, president and CEO of Merchants Mutual Insurance Company, as its new chairman. NAMIC announced the news on Sept. 23 during its ...
Hippo and Topa Insurance End Their 3-Year Partnership
Property/casualty insurer Topa Insurance Co. and Hippo Enterprises, an InsurTech MGA offering homeowners insurance, announced their mutual decision to end their three-year partnership. The move comes ...
Top Shipping Insurance Group Won’t Cover Russia, Turkish Pipelines Over U.S. Sanctions Risk
The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. ...