News
Executives On The Move at Markel International and Aspen Re
Markel International is bringing a Chubb and AIG veteran on board to head its personal accident, contingency and entertainment business in Asia. Aspen Re made two major executive promotions and a ...
The Latest Launches From CyberPolicy, The Hartford and Geospatial Insight
CoverHound subsidiary CyberPolicy released a new one-click insurance product that can be purchased through trusted brands. The Hartford, thanks to a new partnership, will begin offering services to ...
AI InsurTech Betterview Pulls in New Investment From Nationwide, EMC, Maiden Re, More
InsurTech startup Betterview has raised a $4.5 million investment, with three carriers participating in the financing. Nationwide Ventures, EMC Insurance and Maiden Re took part in the Series A ...
Cyber Attacks Added to List of Municipal Bond Credit Risks
Huge pension debt. Crumbling infrastructure. Climate change. Now add cyberattacks to the list of things that municipal bond investors should worry about. The recent ransomware attack that shut down ...
Insurers Are Target Audience for New Online Dispute Resolution Startup
An offshore reinsurer has placed a bet that the future of insurance claims will include an option for consumers to resolve disputes online rather than in court. Greenlight Re, a specialty property ...
Federal Flood Insurance Program Wins Short Extension
Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by unanimous consent, the House of Representatives managed on Thursday to ...
Allianz Grabs Two U.K. Insurance Businesses for $1 Billion Price Tag
Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The ...
U.S. D&O Premiums Inch Higher in 2018: A.M. Best
Directors & officers insurance written premiums rose slightly in 2018 after four previous years of stable numbers, A.M. Best said in a new market segment report. The line produced nearly $6.6 ...