International
Global Commercial Insurance Rates Rose 15 Percent in Q3: Marsh
Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded in the previous quarter, according to the Global Insurance Market Index ...
Germany to Offer COVID Insurance for Trade Fairs
The German government announced it will now be offering coverage for trade fair cancellations in a bid to restart the sector after COVID restrictions forced the meetings to go virtual. The new ...
Executives On The Move at Liberty Mutual, Zurich North America and Guy Carpenter
Liberty Mutual brought on a former Chubb executive to run its Major Accounts, Casualty, Global Risk Solutions business. An ex-executive from The Hartford joined Zurich North America as the new Head ...
W.R. Berkley Produced Average Q3 Rate Hikes Above 10 percent, Except for Workers Comp
W.R. Berkley Corp reported a nearly 24 percent increase in net premiums written during the 2021 third quarter. As well, average rate increases surpassed 10 percent for nearly every line except ...
The Hartford Chooses Garrison to Lead Its Navigators Wholesale Specialty Business
The Hartford has chosen a former Allied World and Starr Companies executive to lead its Navigators wholesale specialty insurance business. Michael Garrison will lead the strategic direction, growth, ...
New Russian Cyber Attack Targeted Hundreds of U.S. Networks: Microsoft
The Russian-based agency behind last year's massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, ...
Another Try? EXOR Reportedly Talking to Covea Again About Selling PartnerRe
Exor, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covea over a possible sale of reinsurer PartnerRe, Il Sole 24 Ore reported on Saturday, after the deal was ...
At ITC Vegas 2021: Elation, Hugs and Handshakes After Two Long Years
After a year-and-a-half of mostly conducting business by way of Zoom calls, webinars and an endless flow of digital notifications, insurance professionals and entrepreneurs were eager to see one ...