International
Chubb’s Q3 Net Income Jumped 58 Percent, Driven by ‘Outstanding’ Premium Revenue
Chubb's Q3 net income soared more than 58 percent year-over-year, as premium gains continued their double-digit climb. "Chubb had a very strong third quarter, highlighted by outstanding premium ...
AIG Makes Leadership Changes as It Readies Separation of Life & Retirement Business
American International Group made a number of senior leadership changes intended to aid in the separation of its Life & Retirement business and other strategic priorities. Among the biggest ...
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, ...