AXIS Capital Sponsors First Cyber-Catastrophe Bond Issued in Public Debt Markets November 29, 2023 By Gautam Naik For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued...
LexisNexis: Auto Insurance Shopping Slows but Still Remains Elevated November 29, 2023 By Allen Laman For the first time in more than a year, overall U.S. auto insurance shopping growth registered as ‘cool’ on the...
Chubb Survey of Middle-Market Brokers Finds Lack of Awareness of Flood Risk November 29, 2023 Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16%...
Buffett Gave Tribute to Partner and Friend Munger in Latest Annual Report November 29, 2023 Warren Buffett’s Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger but the...
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99 November 28, 2023 By Noah Buhayar Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway...
Chubb Launches Client Methane Resource Center November 28, 2023 Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights...
MLB, Formula 1 Face Fraud Suits for Promoting FTX Cryptocurrency November 28, 2023 By Jef Feeley FTX investors suing the cryptocurrency exchange’s celebrity promoters for allegedly helping to facilitate an $11 billion fraud have some new...
3M, DuPont Defeat Massive Class Action Over Forever Chemicals November 28, 2023 By Clark Mindock A U.S. appeals court on Monday handed 3M, Corteva Inc subsidiary E.I. du Pont de Nemours and Co and other...
US Warns of Growing Threats to Ships Sailing Through Red Sea November 28, 2023 By Alex Longley A spate of attacks on merchant shipping near Yemen and Somalia, likely triggered by the war in Gaza, have prompted...
NCOIL Names New Officers at Annual Meeting November 28, 2023 The National Council of Insurance Legislators (NCOIL) said it elected a new slate of officers at its Annual National Meeting....