Industry News
Nationwide, Sure Partner to Offer Renters Insurance via App
Nationwide is joining forces with Sure, developer of an on-demand insurance mobile app, to offer consumers the ability to purchase renters insurance on their smartphones as they shop for an apartment ...
Zurich to Slash 240 UK Jobs as Life, General Insurance Arms Combine
Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring its Life and General Insurance division under a single leadership team. Zurich disclosed the new ...
Higher Catastrophe Losses Push Private U.S. P/C Insurers Into the Red
For private U.S. property/casualty insurers, the first nine months of 2016 were markedly worse than the same period in 2015, due to higher catastrophe losses and less favorable reserve development. ...
The Latest Launches From Ironshore, Everest Insurance and Aon
Ironshore is expanding a customized property/liability policy for high-net-worth homeowners into New York. Everest Insurance debuted auto buffer coverage for large motor fleets. A division of Aon ...
Allianz, Standard Chartered Bank Seal Asia Distribution Deal
German insurer Allianz and Standard Chartered Bank on Thursday announced a 15-year agreement to distribute Allianz's general insurance products in Hong Kong, Singapore, Malaysia, Indonesia and China. ...
How Trump Presidency Might Boost Carrier Top Lines by Billions
As the United States politically veers to the right with the inauguration of Donald Trump as president, a Republican-controlled Congress and a majority of Republican governorships, the economic ...
Markel Corp. Partners With Next Insurance to Target Personal Trainers
Specialty insurer Markel Corp. has partnered with online small-business insurer Next Insurance to offer tailored coverage for personal trainers. Personal trainers can buy insurance online with Next ...
OneBeacon Is Reportedly Soliciting Offers From Rival Insurers
OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently ...