Industry News
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 ...
Chubb Is Reportedly Exploring Hartford Acquisition
Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry's biggest deals in years, people ...
Industry Loss Reserves Redundant by $28B: Assured Research
Analysts at Assured Research delivered some surprises in a report on property/casualty insurance industry loss reserves Monday, finding that reserves are $28 billion redundant and predicting that ...
Demand for Travel Insurance at Highest Level Since March 2020
Travel is making a comeback—and so is the travel insurance industry. In fact, the number of travel insurance policies sold for future trips has hit its highest level since March 2020, according to ...
Next Insurance Partners With Amazon to Boost Reach of Its Small Biz Insurance Cover
Next Insurance is turning to Amazon's business customer arm to boost the reach of its small commercial insurance policies. The InsurTech has formed a partnership with Amazon Business Prime where ...