specialty insurance News
Allianz Late to Party in Tapping Asia as Major Growth Engine
Allianz SE, the German insurer that stemmed outflows at U.S. asset manager Pimco, is now trying to bulk up on the other side of the world. "Asia is still a relatively small part of the overall global ...
UK Insurer Aviva Will Launch Cyber Insurance for Small Businesses
British insurer Aviva plans to launch a new product to cover small and medium-sized businesses against cyber attacks later this year as part of an expansion of its specialist insurance division, its ...
W.R. Berkley Is Launching Two Mexico Subsidiaries
W.R. Berkley Corp. said it has formed two subsidiaries in Mexico: Berkley International Fianzas México S.A. and Berkley International Seguros México S.A. Both have been granted official ...
Autonomous Cargo Ships May Be Coming. What Are the Risks?
BHP Billiton Ltd., the world's biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may ...
Allianz Reportedly May Buy Remainder of France’s Euler Hermes
Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn't already own in the French trade-credit insurer, according to people familiar with the matter. Euler ...
W.R. Berkley Makes Entertainment/Sports, Environmental Into Separate Operating Units
W.R. Berkley Corp. said it has formed two new independent operating units out of what was one division. The commercial lines insurer and reinsurer said Berkley Entertainment & Sports and Berkley ...
OneBeacon Pilots Uber Driver Injury Protection Coverage in 8 States
An arm of OneBeacon Insurance Group is piloting usage-based driver injury protection insurance for Uber rideshare drivers. The new policy, from OneBeacon Accident and Health, has an initial rollout ...
The Latest Launches From Beazley and Ironshore
Beazley will underwrite new coverage that helps cover administrative burden and fees involved with processing ticket refunds for attendees who can't attend an event that is otherwise being held as ...