News

Insurance

Travelers expects $62m hit from UK Ogden rate slash

US property/casualty insurer Travelers has estimated the impact of UK’s personal injury Ogden discount rate at $62 million.   20 March 2017

Insurance

Cyber attacks on the rise — but companies still unprepared to tackle major threat

Cyber risks are the top concern among businesses of all sizes, but nearly half of them still don't have proper insurance coverage or risk management measures in place to address possible exposures, reveals a new survey by property/casualty insurer Travelers.   30 September 2019

Insurance

China Re launches renewable energy consortium at Lloyd’s, co-led by Canopius and Travelers

China Re, China's biggest reinsurer, has launched a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China.   11 March 2019

Insurance

Travelers Q1 income drops as it awaits 9/11 compensation decision

The Travelers Companies' profits fell in the first quarter of 2017, which the company blamed on a $62 million pre-tax impact from the UK’s Ogden rate adjustment, a lower underlying underwriting gain and higher catastrophe losses.   20 April 2017

Insurance

Brit swoops for Travelers special risks underwriter

Specialty re/insurer Brit has appointed Stephen Quinton to the role of class underwriter, kidnap and ransom (K&R), effective as of Sept. 3. He joins Brit from Travelers Syndicate Management.   23 July 2018

Insurance

Travelers to offer pre-breach cybersecurity to policyholders

US property/casualty insurer Travelers has announced that it will offer pre-breach cybersecurity services from Symantec to its cyber policyholders.   10 April 2017

Insurance

AIG, Travelers seen among potential acquirers in P&C sector

Heightening merger and acquisition (M&A) activities and rising pricing are tailwinds to P&C stocks, according to Morgan Stanley analysts.   2 March 2018

Insurance

Travelers completes $490m M&A deal with UK insurtech Simply Business

US property/casualty insurer Travelers has completed the acquisition of UK-based small and medium-sized enterprise (SME) insurance broker Simply Business.   7 August 2017

Insurance

Everest poaches CUO from Travelers in Canada

Everest Re Group has appointed Kevin Pinto as new chief underwriting officer (CUO) of Everest Insurance Company of Canada (EvCan).   10 December 2018

Insurance

Travelers Lloyd’s syndicate backs Fiducia marine expansion

Fiducia MGA said Aug. 18 that it launched a comprehensive marine trades facility and is opening a new office in Birmingham.   18 August 2017

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.