specialty coverage News
ACE Launches Debuts VC Liability Coverage in Hong Kong, Singapore
Ace Group unveiled "bespoke" private equity and venture capital liability insurance in Hong Kong and Singapore, reflecting a continued focus on growing its customer base in Asia. The ...
Berkshire Hathaway Specialty Insurance Debuts Professional Liability Coverage For U.S. Bankers
Berkshire Hathaway Specialty Insurance is rolling out professional liability insurance for bankers in the U.S. The new coverage, dubbed Professional First Bankers Professional Liability Insurance, ...
AXIS Sees Q2 Income Drop, Driven by Investment Declines & Marine Losses
AXIS Capital Holdings Ltd. said its net income dropped during the 2015 second quarter versus a year ago, becoming the latest carrier adversely affected, in part, by a drop in investment income. High ...
Most Western, Middle East Insurers See Iran As Attractive Market
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
ACE Unveils Enhanced Clinical Trial Coverage for U.K.-Based Life Sciences Companies
ACE Group is unveiling expanded clinical trials liability coverage for U.K.-based life sciences companies, a product designed to cover their studies conducted around world. The new enhanced clinical ...
Brit PLC Pairs With New Bermuda Reinsurer for Property Cat Excess of Loss Coverage
A new Bermuda-domiciled reinsurer will cover a share of Brit PLC's existing worldwide property catastrophe excess of loss portfolio. The partnership between Brit – a global specialty insurer and ...
CNA Pushes Into Canada With Specialty Coverage Options
CNA Financial Corp. is making a big push to grow its specialty lines business in Canada. The commercial insurer, which has Loews Corp. as a majority owner, said CNA Specialty will start accepting ...
Aon Benfield Places AIG Cover For Massive U.K. Energy Meter Project
Aon Benfield said it has brokered insurance underwritten by AIG that will facilitate the U.K. government's push to install smart energy meter systems around the country by 2020. Specifically, it will ...