Industry News
Global Commercial Insurance Prices Continue Trending Higher: Marsh
Average global commercial insurance prices grew by 3 percent in the first three months of 2019, representing the sixth consecutive quarter of price increases for the overall sector, Marsh said in its ...
Europe’s Biggest Insurers Hit With Massive Bill From Boeing Crashes
Europe's biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving Boeing Co. 737 Max planes. Munich Re reckons it could pay 150 million euros ($168 ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
Weaker Post-Brexit Rules for Insurers, Banks Would Be a Disaster: BoE Official
Weakening rules for banks and insurers after Brexit would be "anathema," but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said ...
Generali Sees Large Profit Increase, but Regulatory Changes Hit Capital Reserves
Generali, Italy's biggest insurer, reported a larger-than-expected 28 percent rise in first-quarter net profit helped by asset sales, though capital ratios fell due to regulatory changes. Generali's ...
Chubb Boosts Efforts to Slash Greenhouse Gas Emissions
Chubb is accelerating plans to go green within its own operations in a big way. The property/casualty insurance giant said it has a new companywide goal to slash its global greenhouse gas emissions ...
Munich Re, Telematics Company The Floow Will Partner Globally
Munich Re disclosed it will partner globally with telematics provider The Floow. The deal will help strengthen Munich Re's telematics consulting offering but also allow The Floow's products and ...
Female Attorneys Frequently Sexually Harassed, Bullied at Work: Global Survey
One in three female attorneys has been sexually harassed at work, and half have been bullied, according to a global survey that brings law firms into a #MeToo movement that started in Hollywood and ...
Marine Insurance Premiums Could Rise for Some After Saudi Ship, Facility Attacks
Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline ...