News
Business Travelers Eager to Fly Again, With Focus on Extra Precautions: Chubb Survey
Business travelers are itching to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions, according to a new global survey ...
COVID-19 Knocks U.S. Inland Marine Insurance Behind in 2020: A.M. Best
The U.S. inland marine insurance segment experienced a "significant downturn in profitability" in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, ...
Fake Coal Dumped in Front of Lloyd’s HQ in Climate Change Protest
Lloyd's of London was the focus of climate change activists on Friday, when a group called "Insurance Rebellion" used a dump truck to deposit a large pile of fake coal in front of the Lloyd's ...
Top D&O Risks Include Cyber Attacks and Data Loss: WTW Survey
Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from ...
Insurer Representing Grounded Suez Ship Appeals Detention by Egypt
UK Club, an insurer of the Ever Given cargo ship which ran aground in the Suez Canal in March, said on Friday it had filed an appeal in an Egyptian court over the detention of the vessel by ...
Insurity Completes Acquisition of Cloud Software Maker Instec
Property/casualty insurance software firm Insurity has completed its acquisition of Instec, a cloud software maker for mid-size property/casualty carriers, managing general agencies and specialty ...
Without Mitigating Action, Climate Change Could Shrink Global GDP 18% by 2050: Swiss Re
If no mitigating action is taken, global temperatures could rise by more than 3°C in the next 30 years and the world economy could shrink by 18 percent, reveals a new Swiss Re Institute report. But ...
Retiring Triple-I Actuary Lynch Reflects On Profession’s Changes, Future
"He's a writer AND an actuary." The short description heading his LinkedIn profile remains true, but James Lynch will be stepping down from actively writing or providing actuarial services on behalf ...