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Political risk insurance for life science firms offered

By: Joyce Famakinwa

Published June 29, 2016 - 2:36pm CST

Berkley Life Sciences, a W.R. Berkley Co. unit, has launched coverage designed to address life science exposures faced by customers with assets or operations overseas.

Terrorism insurance takeup rates going up again

By: Mark A. Hofmann

Published June 29, 2016 - 1:47pm CST

The takeup rate for terrorism coverage in property insurance policies increased to 61% in 2015, according to a report released Wednesday by Marsh L.L.C.

Global insurers to see premium growth slowdown in 2016

By: Mark A. Hofmann

Published June 29, 2016 - 1:40pm CST

The global nonlife insurance sector is expected to experience slower premium growth in 2016 than in 2015, according to a study released by Swiss Re Ltd.

Property/casualty groups hail firm's removal from SIFI list but want more

By: Mark A. Hofmann

Published June 29, 2016 - 11:48am CST

Property/casualty insurance groups say they are pleased with the Financial Stability Oversight Council's decision to remove GE Capital Global Holdings L.L.C. from its list of “systemically important financial institutions.”

Specialty property/casualty insurer rejects takeover proposal

By: Rob Lenihan

Published June 29, 2016 - 11:25am CST

National Interstate Corp. on Wednesday said the special committee of its board of directors has unanimously rejected a verbal proposal from Great American Insurance Co. to buy the outstanding shares of the specialty property/casualty insurance holding company for $30.75 per share.

Allianz global specialty unit makes executive moves

By: Sarah Veysey

Published June 29, 2016 - 9:24am CST

The company has named a new board member and chief underwriting officer for specialty lines.

Insurer stocks rally after post-Brexit slump

By: Thomson Reuters

Published June 29, 2016 - 8:58am CST

Britain's top share index bounced back on Tuesday following two straight sessions of steep losses.

Tool helps health care firms assess merger risks

By: Joyce Famakinwa

Published June 28, 2016 - 2:39pm CST

CNA Financial Corp. has launched a tool and related consulting services that are designed to help health care organizations assess new and potentially unfamiliar exposures resulting from merger and acquisition activity, CNA said in a Tuesday statement.

Former Guy Carpenter exec moves over to JLT Re

By: Joyce Famakinwa

Published June 28, 2016 - 2:35pm CST

JLT Re, the reinsurance brokerage arm of Jardine Lloyd Thompson Group P.L.C., on Tuesday said it has named Philadelphia-based Mark Shumway global head of strategic advisory.

Policy provides cyber liability protection, risk resources

By: Joyce Famakinwa

Published June 28, 2016 - 2:14pm CST

RLI Insurance Co.’s executive products group has launched a new cyber liability insurance product.

China's Fosun plans to list U.S. insurer Ironshore 'as soon as possible'

By: Thomson Reuters

Published June 28, 2016 - 9:13am CST

Fosun's billionaire co-founder and chairman says the size of the Ironshore offering will be decided by the market.

Brexit vote prompts fears over U.K. insurers' capital strength

By: Thomson Retuers

Published June 28, 2016 - 8:49am CST

Market falls triggered by Britain's vote to leave the E.U. could impact British insurers' ability to pay dividends.

Mexican insurer gains access to Lloyd's market with partnership

By: Sarah Veysey

Published June 28, 2016 - 8:43am CST

Specialty insurer and reinsurer Sompo Canopius A.G. and Mexico City-based insurer Grupo Nacional Provincial SAB said Tuesday that they have formed a strategic partnership.

Financial leaders in London consider Norway option to save Europe ties

By: Thomson Reuters

Published June 27, 2016 - 4:26pm CST

The City of London is in talks with government officials as it seeks continued access to Europe after Britain's exit from the E.U.

Starr Cos. appoints head of financial lines

By: Joyce Famakinwa

Published June 27, 2016 - 2:47pm CST

Starr Cos. has named Brian Inselberg senior vice president financial lines, the company said in a Monday statement.

XL Catlin launches global mergers and acquisitions insurance unit

By: Joyce Famakinwa

Published June 27, 2016 - 1:07pm CST

XL Catlin on Monday said it has formed a global mergers and acquisitions insurance division.

Captive insurer group's president to retire

By: Jerry Geisel

Published June 27, 2016 - 1:03pm CST

Dennis Harwick, president of the Captive Insurance Companies Association, will retire from the organization at the end of June 2017, CICA announced.

'Brexit' breakdown: Impact and analysis

Published June 27, 2016 - 12:19pm CST

The United Kingdom's vote on June 23 to leave the European Union has sent shockwaves throughout the business and insurance communities, which are working to determine how the U.K.'s exit could impact European and international markets.

Catastrophe modeler releases India earthquake model

By: Rob Lenihan

Published June 27, 2016 - 11:23am CST

AIR Earthquake's model for India estimates losses to residential, commercial, and small industrial buildings and automobiles.

European insurance snapshot

Published June 24, 2016 - 2:14pm CST

The United Kingdom's vote to leave the European Union is expected to reverberate through the insurance markets.

British E.U. exit opens global regulatory uncertainties

By: Mark A. Hofmann

Published June 24, 2016 - 1:27pm CST

International insurance and reinsurance observers say the so-called Brexit vote presents challenges and opportunities for non-British underwriters.

5 things you need to know about 'Brexit'

Published June 24, 2016 - 12:40pm CST

Exit negotiations between British and E.U. officials, along with factors that could affect the London market, will need to be addressed.

SupercalifragilBREXIT ... !

Published June 24, 2016 - 11:56am CST

The winds of change have hit the United Kingdom on its vote to leave the European Union.

The BI Top 10

Published June 24, 2016 - 10:45am CST

Concerns about Berkshire Hathaway comp policies and Disney's struggles after an alligator attack are among the top 10 most read features.

British vote to leave E.U. creates confusion for insurers

By: Mark A. Hofmann

Published June 24, 2016 - 9:23am CST

Some are concerned that Britain's exit vote could make it difficult for U.K. insurers to write business throughout the European Union.

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