As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Global Insurers Pulled into Epicenter of COVID-19 Crisis, Firmly in Uncharted Territory June 10, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson Roger Federer and Rafael Nadal locked in spell-binding battle. Paul McCartney sharing a stage with Kendrick Lamar and Taylor Swift....
Travelers to Transfer European Business to Dublin Subsidiary in Preparation for Brexit September 24, 2019 Travelers Insurance Co. Ltd., the U.K. subsidiary of The Travelers Cos., has received approval from the High Court of England...
Travelers Beefing Up Wildfire Protection After 2018 California Blazes June 14, 2019 By Katherine Chiglinsky Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a...
Travelers Completes Purchase of UK Small Business Insurer, Simply Business August 7, 2017 The Travelers Cos. has completed its previously announced acquisition of Simply Business, a provider of small business insurance cover in...
Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
Travelers to Buy UK-Based Simply Business for $490M March 13, 2017 The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490...
Brazilian Corruption Probes Lead to D&O Market Boom August 8, 2016 By Ana Mano Insurers who sell policies limiting executives’ liability from lawsuits have seen a surge in business thanks to a sprawling Brazilian...
Chubb Estimates Q2 Cat Losses to Rise 54% from Q1 2016 July 13, 2016 Property and casualty insurer Chubb Ltd. estimated natural catastrophe losses for the second quarter to be about 54 percent higher...
Travelers to Offer Small Business Insurance in UK via Online Platform June 22, 2016 The Travelers Cos. Inc. announced it will offer insurance directly to UK small businesses with fewer than 10 employees and...