International
Switzerland’s Helvetia Expands Into Aviation Insurance Market
Helvetia Specialty Lines CH & International said it will begin writing aviation insurance in October. Plans call for Helvetia's aviation team to offer worldwide insurance coverage for passenger ...
Fairfax’s Watsa Gives ‘Mindboggling’ Takeover Testimony Leading to Shareholder Court Award
Canadian investor Prem Watsa was "purposely forgetful" and offered a "mindboggling" explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest ...
Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment
Lloyd's announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are ...
Executives On The Move at AmTrust and BHSI
AmTrust Financial Service's E&S unit launched its new excess casualty underwriting division and has hired a former Everest Reinsurance Division to lead it. An ex-RSA executive will lead Bershire ...
Insurers, Pension Funds Pledge Climate Action at U.N. Summit
Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other ...
Collapse of Thomas Cook Leads to Massive Tourist Airlift
The U.K. government deployed the "largest repatriation in peacetime history" to bring home more than 150,000 tourists stranded on overseas beaches and in vacation hotspots by the collapse of tour ...
Zurich Hires Ex-Swiss Regulator Giger as New Chief Risk Officer
Zurich Insurance Group hired a former Swiss regulator to become its new chief risk officer. Peter Giger will take on his new role at the company on Oct. 1, 2019. He replaces Alison Marton in the ...
New InsurTech Financings Focused on Agencies, Cyber and Analytics
Broker Buddha raised $4.5 million to help advance its agency operations technology that simplifies commercial insurance application and renewals. Kovrr, a Tel Aviv-based predictive cyber risk ...