U.S.
What Distinguishes This Market? Here’s Lockton Re Leaders’ Insights
Lockton Re's Tim Gardner, global CEO, and Ross Howard, global chairman, have been through their share of hard markets. Like many in the reinsurance business, they agree no two hard markets are ...
Dozens of Businesses Urge U.S. Carriers to Stop Covering Fossil Fuel Producers
A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer ...
How Insurance Industry Might Respond if a Pandemic Is an Act of Terror
Imagine a scenario where COVID-19 was manufactured in a lab and was released as an act of terror. Tracey Gibbons, senior vice present, Underwriting, at Third Point Re, considers this possibility ...
The Latest Launches From Neptune Flood, Zurich North America and More
Neptune Flood has expanded the scope of its flood insurance products. Zurich North America launched an Occupational Accident & Employers Work Injury Liability Insurance Policy for nonsubscribers ...
Prediction: Coronavirus Will Have Severe Impact on Social Inflation
Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has ...
Canada’s Manulife Will Start Selling COVID-19 Related Travel Insurance Product
Canadian insurer Manulife Financial Corp will restore some coverage for coronavirus-related trip interruptions in a new travel insurance policy that also includes COVID-19 in its emergency medical ...
What Is the No. 1 Emerging Litigation Risk? ‘Forever Chemicals,’ Says Praedicat
The top emerging litigation risk identified for the year ahead is PFAS, the so-called "forever chemicals" used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting ...
Executives On The Move at AIG and AXIS
AIG picked a Guy Carpenter veteran executive to lead its operations in Japan. AXIS chose a new head for its AXIS Specialty Europe aviation business in continental Europe. *** American International ...