Browsing: Business Insurance

Business Insurance is a news and information source focused on risk management, risk transfer, and risk financing.

The U.S. Securities and Exchange Commission plans to remove regional directors as part of cost-cutting measures under consideration by the Trump administration.

NewRe, a Munich Re subsidiary, has appointed Iris Urban as Chief Underwriting Officer for its non-life business. Urban’s extensive experience at Munich Re will inform her new role.

Beneva’s group insurance business experiences significant growth since 2020, highlighting the company’s success in the Canadian market.

Direct Connection Advertising & Marketing has launched a new division focused on planning and executing in-person and virtual events for the insurance industry, led by Kristen Nevins.

Grange Insurance has appointed Ryan Michel as its new chief property and casualty officer, bringing over two decades of industry experience to the company.

Insurance experts warn of rising financial losses due to squatting, including legal costs, lost rental income, and property damage. Recent legislation aims to provide quicker recourse for property owners.

The insurance company announced that its former long-time president, Michael McClone, has died. The company highlighted his influence and commitment to community service.

Price Forbes Re has hired Sherman Power, formerly of Aon PLC, to head its new alternative risk and capital solutions division, focusing on growth capital and reserve covers.

QBE Insurance Group’s FY24 profits soar, and CEO Andrew Horton emphasizes broker relationships and long-term strategy.