Industry News
Ex-Berkley Exec Vetch Joins Hamilton Underwriting Ltd. as CFO
A former W.R. Berkley Corp. executive is now chief financial officer of Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd's operations of Hamilton Insurance Group. ...
Insurance Hall of Fame Inducts AXIS Capital’s Chairman
AXIS Capital Holdings Ltd. said its chairman has been inducted into the International Insurance Society Insurance Hall of Fame. Michael Butt has also been named the 2019 Insurance Hall of Fame ...
Nationwide Acquires Program Manager E-Risk Services, With an Eye on E&S Expansion
Nationwide said it has acquired E-Risk Services LLC, a privately held program manager specializing in management lines products. Neither side is disclosing financial specifics of the deal, which ...
Berkshire Hathaway Shares Keep Falling Despite Buybacks
Warren Buffett's revamped stock-repurchase policy can't seem to keep Berkshire Hathaway Inc. from falling. Berkshire's stock fell the most in 11 months on Thursday as some of its biggest equity ...
Berkley Hires Former Chubb Exec in Series of Executive Changes
W.R. Berkley Corp. hired on a former Chubb executive as part of a series of executive changes and promotions, both in the main company and in a key business unit. The insurer said it appointed Philip ...
Arch Insurance Seals Purchase of Ardonagh’s UK Commercial Lines Business
Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment. The acquired business, which ...
A New Way to Fight Cyber Attacks: Artificial Intelligence
Last year, Microsoft Corp.'s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company's administrators, who usually logs on from New York, ...
The Latest Launches From Marsh and Travelers
Marsh debuted what it is billing as a "next-generation online cyber self-assessment tool." Travelers will start providing U.S. auto claims services for a major ridesharing startup. *** Marsh has ...