Too early to rule on D&O litigation involving AIG, Chubb, Berkley
Coverage Disputes, D&O, P/C Insurers AIG, Chubb Ltd.
Aktia Life Insurance launches SCOR’s Velogica in Finland
SCOR Digital Solutions has announced the launch of Velogica, its cloud-based automated underwriting solution, with its strategic partner Aktia Life Insurance in Finland.
Premium hikes persist for five years
Agents and Brokers, Auto liability, Construction, Cyber Risks, D&O, Emerging Risks, General liability, P/C Insurers, P/C Pricing, Property, Risk Management, Technology, Workers Comp Coverage
BMS to acquire UK insurance broker DR&P from Inflexion
BMS Group, an independent specialist insurance and reinsurance broker, has entered into an agreement to acquire David Roberts & Partners (DR&P), a UK-based insurance broker, from European mid-market private equity firm, Inflexion.
Gallagher Re names Dirk Spenner CEO International as Tony Melia retires
Reinsurance broker Gallagher Re has announced the appointment of Dirk Spenner as Chief Executive Officer, International, effective 1st June 2024.
Trade credit market in flux amid pandemic
Catastrophes, Coronavirus, Emerging Risks, P/C Insurers, P/C Pricing, Property Allianz, Aon, Lockton, Marsh & McLennan
Marsh McLennan, Lloyd’s backed Unity expands coverage to boost Ukrainian economy
Marsh McLennan, a re/insurance broker, in collaboration with the Ukrainian government and Lloyd’s, announced the expansion of its Unity insurance facility (Unity) to now cover war risk insurance for ships carrying all non-military cargo.
Captives seen as mechanisms to cover climate-related risks, access capacity
Alternative Risk Transfer/Captives, Asbestos & Environmental, Current Issue Swiss Re
Coface reports flat net income, higher insurance revenue in FY23 results
Credit insurer Coface has reported its full-year 2023 results, with flat net income at €240.5 million and underwriting income growth of more than 13% to €395.4 million and a combined ratio, net of reinsurance, of 64.3%.
Ambac Financial buys majority stake in Beat Capital
Mergers and Acquisitions, P/C Insurers, Reinsurance Lloyd’s of London
Liberty Mutual reports Q3 loss from Ian, market volatility
Catastrophes, Financial Results, P/C Insurers Liberty Mutual
QBE hires Berkshire execs for new specialty casualty business unit
Agents and Brokers, Construction, Excess and Surplus Lines, P/C Insurers Berkshire Hathaway, Lloyd’s of London
Trium Cyber & HITRUST develop insurance and assurance process for better cyber coverage
Trium Cyber, the authorised service company for Syndicate 1322 at Lloyd’s, has developed in collaboration with HITRUST, an innovative approach to more accurately quantify risk by combining actuarial science with third-party security certification.
