Industry News
Dutch Court Orders Gas Producer to Compensate Quake Zone Homeowners
A Dutch court ruled on Wednesday that gas producer NAM must compensate homeowners for falls in the value of their properties due to earthquakes linked to gas production at the Groningen field in the ...
Willis & AIG Start Selling Automatically-Renewing Insurance Policy
Willis Group Holdings and AIG are rolling out a new insurance policy for mid-market clients designed to automatically renew. Dubbed Evergreen, the policy will be first offered in the U.K. As ...
Watch This Video: Aon’s Primer on Pricing Cyber Risk
Carriers don't have an easy task in pricing cyber insurance coverages. Because this risk is relatively new on insurers' radar screens, there is little historical loss data to determine potential ...
Qatar Re Will Switch Its Corporate Domicile to Bermuda
Qatar Re will transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the 2015 fourth quarter. The move, subject to regulatory approvals, is designed to expand the ...
Lloyd’s Casualty Reinsurance Underwriters Worry They Risk Repeating Historical Mistakes
Lloyd's international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of ...
Small Businesses Avoid Business Interruption Coverage: Nationwide Survey
Nearly 75 percent of small businesses say they don't have a disaster recovery plan in place. For companies with fewer than 50 employees, just one in five – or 18 percent – have one, according to ...
Executives On The Move at QBE, SCOR and Hamilton Insurance Group
A veteran executive from Chubb is joining QBE Insurance as managing director of its Asia Pacific region, effective Sept. 1. Mark Lingafelter's new responsibilities include continued execution of the ...
Liberty Mutual Launches Safety Climate Surveys For Commercial Lines Clients
Liberty Mutual Insurance said it will start offering safety climate surveys to its commercial lines customers so they can learn from employees how safe they believe the workplace actually is. The ...