Industry News
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...
Executives On The Move at XL Catlin and Arch Capital Group
XL Catlin promoted two executives who will fuel expansion of its regional U.S. War, Terrorism & Political Violence Insurance team. Arch Capital Group's Arch Insurance Europe named an executive ...
U.S. Cyber Insurance Prices Dipped in Q1 as Capacity, Competition Grew: Marsh
Average U.S. cyber insurance prices dipped 1.7 percent in the 2018 first quarter, Marsh said in its Global Insurance Market Index for the quarter. This is the fourth time a decrease has happened in ...
The Latest Launches From W.R. Berkley Corp., XL Catlin and Hartford Steam Boiler
W.R. Berkley Corp. unit Berkley One is partnering with a provider of identity theft and data defense services for a new coverage endorsement. XL Catlin now offers an insurance package designed for ...
Proactive Efforts Can Boost Levels of Female Insurance Executives More Quickly: NAIC Panel
The number of female executives in the insurance industry continues to rise slowly, but more should be done to quicken the pace, Lloyd's of London Chief Executive Officer Inga Beale said. "I am a ...
Icahn, a Large AmTrust Shareholder, Protests Deal to Take Insurer Private
AmTrust Financial Services Inc. jumped almost 12 percent in late trading Thursday after billionaire Carl Icahn disclosed a stake in the company and said he planned to oppose its plans to go private. ...
Brexit Still Places Millions of Insurance/Derivative Contracts at Risk: EU
There is no guarantee that Brexit won't disrupt millions of insurance and derivative contracts and it is still up to firms to take preventive measures, the European Union's financial services chief ...
The Latest Launches From Chubb and Corvus Insurance
Chubb is adding more coverage to its Small Commercial Marketplace, in partnership with The Doctors Company. Corvus Insurance, an InsurTech startup focused on the commercial insurance market, has ...