Industry News
Executives On The Move at XL Group, CSAA and Great American
XL Group announced the appointment of a new chief investment officer. CSAA appointed a new chief risk officer. Great American promoted an executive to head its Environmental division. *** XL Group ...
Industrywide Webinar Urges Young P/C Professionals to Help Recruit Others
Insurance industry executives and groups working to attract millennials to the sector are now actively targeting their younger colleagues to help get the word out. On Dec. 2, the recruiting ...
P2P Startup Lemonade Closes $34M in New Financing From General Catalyst, Others
Lemonade nailed down $34 million in new venture financing, a crucial, second round of financing as the peer-to-peer InsurTech startup focuses on expanding and growing sales of its renters and ...
Updated: Liberty Mutual to Grab Specialty Insurer Ironshore for $3B
Liberty Mutual Insurance has agreed to snatch up specialty lines insurer Ironshore Inc. from Chinese conglomerate Fosun International Ltd. for about $3 billion. The planned acquisition, rumored for ...
2017 Super Regional P/C Insurer Conference Announced for C-Suite Carrier Professionals
Insurance Journal and Demotech Inc. announced that the inaugural Super Regional P/C Insurer Conference will be held July 16-18, 2017 at the Grand Geneva Resort & Spa in Lake Geneva, Wis. The ...
What’s Next for Zurich and AIG; Commercial Insurance Appetites Explained
Executives of Zurich Insurance Group and American International Group separately updated shareholders on transformation initiatives reshaping their businesses in November—with each saying they plan ...
Nonprofit Urges Buffett’s Berkshire to Dump Fossil Fuel Investments
A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 ...
Hiscox Re Getting Krefta as New CEO; Pinchin Shifting to New Role
Hiscox named a new leader for its reinsurance arm and Bermuda division. The specialist global insurer disclosed that Michael Krefta has been appointed CEO of Hiscox Re and insurance linked ...