Industry News
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says
In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb's chief executive warned carriers to brace for greenwashing lawsuits on the ...
Alleghany Stockholders Approve Sale to Buffett’s Berkshire Hathaway
Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway's offer to buy the company for $11.6 billion. "We are pleased our stockholders have overwhelmingly voted to ...
Howden Group to Acquire TigerRisk Partners to Create ‘Much-Needed’ Fourth Reinsurance Broker
Howden Group Holdings said it has created the "much-needed fourth global player in the reinsurance market" with an announcement it has acquired TigerRisk Partners to bolster the scale and depth of ...
The Latest Launches From WAX, The Stanford Center for Legal Informatics, Hi Marley
WAX Insurance Services, a startup focused on the collectibles industry, launched a new online monoline collectible insurance policy designed to protect collectors from loss, damage and theft ...
Liberty Mutual Chairman and CEO Long to Retire at End of 2022
Liberty Mutual has announced that Chairman and CEO David H. Long will retire at the end of 2022. Timothy M. Sweeney has been chosen to succeed Long as chief executive officer effective January 2023. ...
House Committee to Hold Hearing on Soaring U.S. Traffic Deaths
A U.S. House of Representatives subcommittee on Wednesday is holding a hearing on soaring American traffic deaths and efforts to build safer roads. Last year, traffic deaths jumped 10.5 percent to ...
AXIS Exits Property Reinsurance to Focus on Specialty; Leadership Team Restructured
AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on casualty, specialty, accident and health, and credit lines. With the refocus ...
Hybrid Work Is Here to Stay for London Staff Who Don’t See Return to 5-Day Office Week
The verdict is in: Londoners enjoy and value working from home and don't see a future that includes a return to the old five-day office week, no matter what politicians, their bosses or the media ...