Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion May 28, 2025 Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of its commercial...
Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums May 28, 2025 By Maggie Shiltagh and ChloƩ Meley A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to...
Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030 May 28, 2025 By Simon Jessop Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green...
People Moves: Fidelis Insurance Group Promotes Greenwood as CUO for Bermuda; Everest Names Former Chubb Executive Page to Board of Directors May 27, 2025 This edition of International People Moves details appointments at Fidelis Insurance Group and Everest Group. A summary of these new...
Political Risk Cover Demand Rises, but GWP Growth Lags: Report May 27, 2025 By L.S. Howard Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the...
Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather May 27, 2025 By Robert Tuttle Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated...
India Races to Contain Oil Spill From Sunken Container Ship May 27, 2025 By Mihir Mishra and Rajesh Kumar Singh Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of...
India Debuts New Weather Model to Help Farming, Flood Planning May 27, 2025 By Mary Hui and Rakesh Sharma The southwest monsoon’s early arrival in India this year is good news for crops, but exactly when, where, and how...
Norwegian Man Awakes to Discover Grounded Cargo Ship Narrowly Missed His Home May 27, 2025 A Norwegian man awoke to find that a cargo ship had run aground and narrowly missed crashing into his home...
Markets/Coverages: BHSI Expands Executive & Professional Lines Cover in Italy May 27, 2025 Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of miscellaneous Professional Indemnity and Public Offering of Securities Insurance in Italy....