Liberty Mutual Announces Organizational Changes, Leading to 370 US Job Losses July 17, 2023 By L.S. Howard Liberty Mutual Insurance announced major organizational changes and executive leadership appointments, which are aimed at enhancing its personal and small...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re July 17, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Appetite for Cat Exposures Returns; Reinsurers Stay Disciplined in Mid-Year Renewals July 6, 2023 By L.S. Howard Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk June 23, 2023 By L.S. Howard Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by...
Serious Change Underway at SiriusPoint June 21, 2023 By L.S. Howard SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting...
The Pros and Cons of Going Private June 21, 2023 By L.S. Howard In the days before hedge fund manager Daniel Loeb decided to drop the buyout of SiriusPoint, Carrier Management asked analysts...
Construction/Engineering Sector Ranks Biz Interruption/Supply Chain Disruptions as Top Risk June 19, 2023 By L.S. Howard Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by...
Intrepid Reinsurance Execs Take on Extreme Challenge in ‘World’s Toughest Row’ June 15, 2023 By L.S. Howard Four intrepid reinsurance executives from Convex and Swiss Re are rowing from Monterey, Calif. to Hawaii – as part of...
Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 22, 2023 By L.S. Howard The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they...