International
The Latest Launches From Ironshore and Beazley
Ironshore now has a team devoted to managing cyber claims across all of its product lines. Beazley debuted expanded protection meant to address schemes such as the kind where employees are illegally ...
AXIS Sweetens Bid for Lloyd’s Specialty Carrier Novae, Now Offering $611.5M
AXIS Capital Holdings Ltd. has substantially sweetened its offer for Novae Group plc, a Lloyd's of London specialty insurer and reinsurer. AXIS, a Bermuda-based specialty insurer and reinsurer, said ...
Executives On The Move at AXIS and Snapsheet
AXIS Capital Holdings' AXIS Re arm hired a former Swiss Re executive in a leadership role. InsurTech startup Snapsheet promoted from within to name its new chief technology officer. *** AXIS Capital ...
UK Financial Sector Proposes ‘Ambitious’ Post-Brexit Trade Pact
The UK's financial sector is seeking an "ambitious" trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves ...
Fairfax Financial Will Sell Singapore Insurer to Mitsui Sumitomo for $1.6B
Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore's First Capital Insurance for $1.6 billion from Canada's Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in ...
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
J&J Talc/Cancer Trial Verdict Opens New Front in Litigation
A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's hopes that the cases were ...
The Latest Launches From XL Catlin, Great American, Marsh and Ironshore
XL Catlin beefed up its professional liability policy for U.S. design professionals with two new enhancements. Great American Insurance Group created a new division focused on the E&S space. ...