Industry News
U.S. Workers Comp On Track for a Fifth Consecutive Year of Underwriting Profits: Fitch
The U.S. workers compensation insurance market is likely to post a fifth consecutive year of underwriting profits in 2019 after stellar results in 2018, Fitch Ratings is predicting in a new report. ...
Executives On The Move at Allianz Global Corporate & Specialty and AIG
Allianz Global Corporate & Specialty SE appointed three executives to divisions covering areas including alternative risk transfer and global political violence. A former Accenture executive ...
‘The Future at Lloyd’s’ Revamp Effort Elicits Sizable Stakeholder Feedback
When the 10-week consultation period for "The Future at Lloyd's" project ended last week, Lloyd's confirmed that participation was widespread, with more than 4,000 suggestions and comments received ...
Storm Barry, No Longer a Hurricane, Dumps Dangerous Amounts of Rain on U.S. Southeast
The remnants of the once mighty storm Barry, the first hurricane of the 2019 season, dumped dangerous amounts of rain as it crawled north through the United States on Monday after coming ashore west ...
Going to Monte Carlo for the Rendezvous? What’s It Like?
Have you been to the Reinsurance Rendezvous in Monte Carlo? What would you tell someone thinking of going for the first time about the experience? Carrier Management is looking to compile stories and ...
The Latest Launches From Markel and Lockton
Markel Corp. added coverage to its management liability suite of products. Lockton Affinity is the new program administrator for the new CyberLock Defense standalone cyber liability policy with ...
Executives On The Move at Brit Global Specialty USA and AXA
Veterans of Swiss Re and Redstone Underwriters joined Brit Global Specialty USA in executive roles. A former Goldman Sachs executive signed on with AXA as its new group chief risk officer. *** Brit ...
M&A Drives Still-Growing Demand for Transitional Risk Insurance: Marsh
Use of transactional risk insurance significantly increased in 2018. Policy limits in excess of $1 billion are now available for single transactions as private equity firms and strategic investors ...