U.S.
Carriers, InsurTechs Plot a Complicated Return to the Office
After more than 17 months of working from home due to COVID-19 safety concerns, many carriers and InsurTechs are planning a collective return to the office. The pandemic isn't over yet, of course, ...
Expect a Quicker, More Robust Global Insurance Recovery Than in 2008: Swiss Re
The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and ...
Chubb Establishes Aviation Hub in Canada
Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. The Canadian Aviation hub is part of a new regional ...
A Post-Covid Return to the Office? In London, Workers Want a Raise First
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 ...
Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk
New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy ...
W.R. Berkley Grows Premium Rapidly in Q2, Crediting Rate Adequacy, Improving Economy
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed ...
Digital Home Insurer Hippo Expands Into Commercial Insurance Market
Hippo, an InsurTech MGA known until now for digital homeowners insurance, is jumping into the commercial insurance market. The company's initial focus in the space still involves residences, however. ...
At $42B, Natural Disaster H1 Insured Losses Reach 10-Year High: Aon
Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon ...