Industry News
The Latest Launches From Neptune Flood and Sompo International
Neptune Flood is expanding its digital flood insurance coverage to six new states. Sompo is expanding its primary professional lines insurance offering for private companies in the United States with ...
Global Aerospace, Chubb Face Liability Exposure After Ethiopian Airlines Crash
Britain's Global Aerospace is the lead insurer for the world's biggest plane maker Boeing Co, the insurer's top boss said on Monday. "I can confirm that Global Aerospace leads Boeing, and also Lion ...
Stock Price Plunge Likely for P/C Giant People’s Insurance Co. of China
Shares in China's largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey. People's Insurance Co. (Group) of China ...
U.S. Commercial Insurers Saw Modest Price Increases in Q4: Willis Towers Watson
U.S. commercial insurance carriers saw more price increases in the 2018 fourth quarter, but the growth was slight. Prices for policies underwritten during the quarter grew just under 2 percent on ...
Argo Group Shareholder Angry Over ‘Wasteful Culture’ Releases Names of Board Nominees
Argo Group shareholder Voce Capital Management is upping its pressure against the company, accusing it of failing to address any recent concerns raised about the alleged corporate excesses under CEO ...
U.S. Reviewing 5G Security Over Hacking Concerns, Huawei Worries
The Department of Homeland Security is conducting a broad review of risks posed by 5G technology, officials said, as the U.S. grapples with concerns about the new network's vulnerability to hacking ...
May Pleads for ‘Just One More Push’ to Break Brexit Deadlock
Prime Minister Theresa May urged the European Union on Friday to make "just one more push" to break the deadlock over Brexit by offering her changes to a deal to help persuade Britain's deeply ...
Australia Floods Dominated February Catastrophe Events: Aon’s Impact Forecasting
Australia's Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 ...