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International
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Expect a Quicker, More Robust Global Insurance Recovery Than in 2008: Swiss Re
The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and ...
Chubb Establishes Aviation Hub in Canada
Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. The Canadian Aviation hub is part of a new regional ...
A Post-Covid Return to the Office? In London, Workers Want a Raise First
London office workers want an average pay rise equivalent to the cost of some annual railway season tickets to return to their desks full-time after the pandemic, according to a survey. With COVID-19 ...
Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk
New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy ...
Germany’s Floods Reveal ‘Sizable’ Protection Gap; Higher Insurance Demand Could Follow
With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany's recent floods are likely to be significantly higher, which highlights a ...
At $42B, Natural Disaster H1 Insured Losses Reach 10-Year High: Aon
Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon ...
Some Generali Investors Rev Up Plan to Challenge Insurer’s Leadership
Shareholders representing about 16 percent of Generali are ready to ask the chief executive not to present a 2022-2024 business plan, a move that would challenge the insurer's leadership, daily La ...
Insurance Software Company Earnix Acquires Assets of Telematics InsurTech Driveway Software
Earnix, a software company focused on insurers and banks, has acquired the assets of Driveway Software Corp., a telematics provider that relies on artificial intelligence. Financial terms were not ...