October 17, 2023
“Yesterday was my son’s 12th birthday but he didn’t spend it unwrapping presents or gorging on ice cream and cake. Most of our evening was spent solemnly observing unspeakable horror and devastation as the events of September 11, 2001 unfolded.” …
April 18, 2023
Ten years ago, on April 15, 2013, two brothers placed pressure cooker bombs near the finish line of the Boston Marathon. The devices detonated within seconds of each other, killing three people, injuring more than 260 others, and causing property …
October 27, 2022
One of South Africa’s richest suburbs may be the target of a terrorist attack this weekend, according to an alert posted on the website of the US Embassy. “The US government has received information that terrorists may be planning to …
May 10, 2022
Pool Re, Britain’s leading terrorism reinsurer, announced the most significant reduction in its reinsurance pricing in 20 years. The reduction, which will come into effect in October 2022, will vary according to geographical location. Pool Re aims to enable the …
February 11, 2022
Great American Insurance Group has promoted Jason M. Cohen to senior vice president and Julie F. Kadnar to divisional group president within its Property & Casualty Group. In 2006, Cohen joined the company as divisional vice president within Corporate Claims. …
October 22, 2021
Bermuda-based Mosaic Insurance has extended its war, terrorism and political violence coverage to offer up to $600 million per risk. The increased capacity allows the company to serve clients via domestic U.S. or Bermuda markets through underwriting teams in both …
October 12, 2021
Rokstone, the London-based speciality re/insurance managing general agency, has launched a new terrorism facility with “A”-rated capacity in the UK. The news follows the launch of its terrorism product in the U.S. in July this year, continuing its push to …
October 11, 2021
Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved Lloyd’s coverholder, led by Geoff Stillwell. The company has been a …
March 9, 2021
Mosaic, the new Bermuda-based global specialty insurer, announced it has begun underwriting war, terrorism and political violence risks globally out of offices in London and New York. Mosaic will offer tailored coverage for a full spectrum of commercial, industrial and …
January 20, 2021
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched new terrorism insurance coverage in the German market, effective immediately. Since LSM entered the market in 2018, business written used the standard London market cover. The new terrorism …