International
Executives On The Move at AXIS and Beazley
AXIS Insurance hired a new underwriting executive for its Small Specialty Commercial division. Specialist insurer Beazley appointed two underwriters in the U.S. to write Deadly Weapons Protection ...
AIG’s P/C Business Books $171M Underwriting Loss
American International Group's property/casualty business booked a $171 million underwriting loss in the 2020 fourth quarter, barely a year after the insurer celebrated the division's return to ...
The Latest Launches From Munich Re/HSB and J.D. Power
Munich Re's HSB has started marketing workplace violence insurance coverage for small to mid-sized businesses. In addition, J.D. Power is launching a real-time auto insurance customer loyalty ...
Lloyd’s Construction Specialists Embrace Proposed U.S. Infrastructure Boom
Construction insurance specialists at Lloyd's of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a ...
Diversity Officer With Starbucks, NBA Experience Joins Marsh & McLennan
Global insurance and professional services firm Marsh & McLennan Cos. announced that Nzinga Shaw will join the company as chief Inclusion & Diversity officer effective February 16. Shaw most ...
Investors See Dollar Signs in Denied COVID-19 Insurance Claims
A growing market niche where investors profit from others' legal troubles is getting a boost from Covid. Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for ...
Zurich Insurance’s Capital Target Disappoints; Full-Year Profit Beats Expectations
Zurich Insurance's new capital target disappointed market expectations on Thursday, even as claims related to the COVID-19 pandemic and higher losses from natural catastrophes bit less than expected ...
Irish Central Bank Pledges to Act Against Insurers Who Don’t Pay COVID-19 Claims
Ireland's central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful test case in court last week, or risk facing legal action ...