News
Liability Worries: Pharmacies Yank J&J Sunscreens Off Shelves After Carcinogen Revelation
Pharmacy chains CVS Health, Walgreens Boots Alliance and retailer Walmart Inc began pulling Johnson & Johnson's sunscreen products off their shelves after J&J said it had detected a ...
Executives On The Move at Aspen, Hippo and Corvus
Aspen Insurance Holdings appointed a new Group Chief Investment Officer. Hippo brought on a new board member. Corvus Insurance named a new Head of Property and Cargo. *** Aspen Insurance Holdings ...
Global P/C Industry Produces Strongest Rate Hikes in 20 Years, as Inflationary Risks Surface
Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis ...
N26, a Fintech and On-Demand Insurer, Could Hit $10B Valuation in New Fundraising
N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with ...
Flood Onslaught In Germany Could Break Records; Insurers Expect Costly Hit
Chancellor Angela Merkel pledged swift help backed by "all the power of the state" for people affected by devastating flooding in western Germany, where at least 42 people have died and dozens are ...
Executives On The Move at Chubb and AXA XL
Chubb made two senior appoints to its United Kingdom & Ireland Casualty team. AXA XL named a new senior underwriter,Political Risk, Credit & Bond in the UK & Lloyd's market. *** Chubb has ...
‘Sunny Day’ Floods Becoming Increasingly Common With Rising Sea Levels: NOAA
Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the deluges into streets, homes and businesses even more frequently over the next ...
P/C Insurers Plan to Boost Their Use of Actuarial Automation: Willis Towers Watson
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What's more, COVID-19 has been a major factor in the trend. The ...