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AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, ...
Beazley has restructured its underwriting team with the creation of four new divisions: Specialty Risks, Cyber Risks, MAP Risks and Property Risks. The divisions will be interconnected, able to ...
Panelists at Insurance Journal's March webinar, Raising the Bar on Cybersecurity, said a paradigm shift is happening in cyber insurance as carriers embrace technology, and those that don't keep up ...
The holding company of U.S. insurer American International Group Inc's AIG life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on ...
Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk ...
Two specialty lines insurance organizations announced different types of transformations in recent days. Amalgamated Casualty Insurance Company is becoming Forge Insurance Company, and ProSight ...
After much deliberation and seemingly endless back-and-forth, strategic goals and objectives for the year are now set. Many company executives already have a good idea of the initiatives they want ...
A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not ...
During the past year, "ESG" (or Environmental, Social, Governance) became a more familiar acronym in boardrooms, customer conversations and even in day-to-day internal discussions. This is rightfully ...
(Part 2 of 2) Most insurance outsourcing contracts favor the provider, according to our firm's analysis of the language in typical contracts in place today. In our previous article, we graphically ...
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