Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...
Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO November 12, 2024 Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all...
Markets/Coverages: Chaucer Offers Nuclear Power Stations Insurance for Cyberattacks November 6, 2024 Chaucer has launched a new nuclear insurance policy that provides nuclear power plants (NPP) with insurance cover for cyberattacks. Called...
Markets/Coverages: Howden Launches Cyber Solution With Chubb, LSM and Mosaic October 31, 2024 Howden, the London-based insurance intermediary group, announced the launch of Howden Safe+, a cyber insurance solution aimed at clients with...
Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK October 29, 2024 The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for...
Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh October 24, 2024 By L.S. Howard Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first...
Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering October 21, 2024 Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary...
Markets/Coverages: Coalition Launches UK Clawback Service to Recover Money Stolen in Cyber Attacks October 18, 2024 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the...
Court Finds Ambiguity But No Bad Faith by Insurer in Bible App Data Claim October 17, 2024 By Andrew G. Simpson The Pennsylvania Supreme Court has let stand a state appeals court ruling that tackled for the first time what is...
Markets/Coverages: Beazley Launches Cyber Consortium for Large Corporates October 8, 2024 Specialty insurer Beazley announced the launch of a cyber consortium that provides comprehensive cover for large corporates with a turnover...