Industry News
AXA XL Celebrates 2019 Global Day of Giving
AXA XL, the P&C and specialty risk division of AXA SA, announced that colleagues in offices around the world will participate in its annual Global Day of Giving on May 10. The Global Day of ...
The Latest Launches From CNA and Starr Insurance Companies
CNA Hardy beefed up its cyber policy with a new pre-breach service and additional coverages. Starr Insurance Companies and SkyWatch Ltd. have expanded their drone insurance program. *** CNA Hardy, a ...
Liberty Mutual Sees Net Income Expand, Underwriting Margins Improve
Liberty Mutual Holding Company reported an increase in net income for its 2019 first quarter, thanks to improved underwriting margins and fewer catastrophe losses. The Boston-based insurer booked ...
Zurich Insurance Said It Will Meet or Beat Its 2019 Financial Targets
Zurich Insurance is on track to meet or beat its financial targets to 2019 and is seeing positive trends in property and casualty (P&C) insurance pricing. Europe's fifth-biggest insurer made the ...
Determining Lemonade Investors’ Likely Exit Strategy
Now that Lemonade has raised nearly $500 million in financing to date and is pursuing an international expansion, speculation has begun as to what the exit strategy will ultimately be for investors ...
Progressive Introduces Insurance Comparison Quoting Platform for Small Business Owners
Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer's new online BusinessQuote Explorer ...
AIG’s Duperreault Promises a Full Year of General Insurance Underwriting Profit, Catastrophes or Not
American International Group President and CEO Brian Duperreault insists that the insurer's General Insurance unit will generate an underwriting profit through all of 2019. During the insurer's May 7 ...
The Latest Launches From International General and AmWINS
International General Insurance Holdings Ltd. now offers intellectual property insurance. AmWINS Group Inc. and its newly acquired MGA started a commercial property flood product designed to end ...