Industry News
Executives on the Move at QBE, Zurich, Pie, Chubb
QBE announced that it has named Chris Killourhy as managing director of QBE Re. The appointment is effective Sept. 1, subject to regulatory approval. Killourhy succeeds Steve Postlewhite, who left ...
Global M&A Hits 10-Year High, Says Clyde & Co.
The volume of global insurance industry mergers and acquisitions reached a 10-year high in the first half of 2022, up 9.5 percent from the same six months a year ago. According to Clyde & Co.'s ...
CSAA Partners With Singer Rick Astley on New Campaign
CSAA Insurance Group, a AAA insurer, has partnered with 1980s pop icon Rick Astley to launch a new national brand campaign that features a new version of the music video for Astley's 1987 song "Never ...
Executives on the Move at Ryan Specialty, RMS
Ryan Specialty has made appointments to three new senior leadership roles within the Underwriting Managers specialty. Brian Lillis is now chief operating officer. He has been with Ryan Specialty ...
Sunoco Subsidiary Sues AIG’s National Union Over Climate Change Lawsuit Coverage
Sunoco subsidiary Aloha Petroleum has filed a federal lawsuit in Hawaii against AIG's National Union Fire Insurance Company of Pittsburgh, saying the insurer has breached its duty to defend Aloha ...
Munich Re Keeps No. 1 Spot in Ranking of 50 Global Reinsurers, With Swiss Re at No. 2
Munich Re for the second-straight year holds the top spot in AM Best's annual ranking of the Top 50 Global Reinsurance groups in 2021, followed once again by Swiss Re. The two global reinsurers ...
Q2 Commercial P/C Premiums Up 6.1%: CIAB
The second quarter of 2022 marked a full five years of premium increases across all lines of commercial insurance business, according to the latest report from the Council of Insurance Agents and ...
Aon Teams With University of California to Enhance Wildfire Modeling
Aon plc announced that its Impact Forecasting team will be collaborating with the University of California, Merced and the University of California, Los Angeles to implement the latest climate change ...