Marsh Risk Secures Over $2 Billion for Advanced Nuclear Reactor Project
Marsh Risk’s innovative approach secured over $2 billion in insurance for TerraPower's Natrium reactor, marking a significant revival in nuclear project underwriting.
Investment strategies and portfolio management
Marsh Risk’s innovative approach secured over $2 billion in insurance for TerraPower's Natrium reactor, marking a significant revival in nuclear project underwriting.
LIRG, founded by Mark Groenheide, is redefining insurance by creating tailored solutions for unaddressed risks, including a unique cyber warranty.
FM's innovative digital hub leverages AI to enhance risk management, offering policyholders instant access to engineering insights and data-driven analytics.
Clarifying tax planning, projections, and strategy boosts client understanding and advisor compensation, unlocking greater value in tax advisory services.
A Delaware court has ruled that an excess insurer must cover a securities firm’s defense costs in a significant arbitration case, emphasizing the complexity of D&O coverage allocations.
A North Carolina appeals court ruled that heat safety violations did not allow a worker to bypass the workers' compensation system for damages.
July saw a slowdown in most commercial insurance renewal rates, particularly in commercial auto, according to Ivans Insurance Services.
ACORD has appointed John Kellington as its new CEO, succeeding Bill Pieroni, as the organization continues to focus on industry standards development.
Rebecca Simeone, previously a senior risk manager at Beazley, steps into the U.S. chief risk officer role at Canopius, effective September 8.
A California appeals court upheld an insurer’s cancellation of a policy due to an employer's failure to provide payroll records, clarifying audit compliance obligations.
AIG is realigning its property portfolio due to intensifying competition in commercial insurance while leveraging growth in casualty lines.
Assicurazioni Generali SpA's first-half net profit rose 18% to €2.5 billion, reflecting growth across all its business segments.
Swiss Re's first-half net income increased by 9% to $2.8 billion, fueled by strong performance across all business segments.
Chubb has appointed Dave Roberts as president of Westchester, while Dave Lupica assumes the role of executive chairman, ensuring strategic oversight.
A Delaware judge rules that insurers cannot recoup a $50 million settlement paid to NYU after Superstorm Sandy, highlighting issues of policy language.
A recent report reveals significant increases in California's cumulative trauma claims, indicating shifts in workforce dynamics and legal representation.
A federal judge mandates RLI to defend a plumbing contractor in pipe-leak litigation, citing potential coverage for one of three apartment complexes involved.
Record-low river levels are disrupting cargo transport and electricity generation in Europe, with significant shutdowns reported in Hungary and Romania.
A recent 6.8-magnitude earthquake in Japan could lead to insured losses of $1.4 billion to $2.1 billion, excluding various types of damages.
JPMorgan forecasts a stagnant European reinsurance market, predicting price softness continues into 2027 unless major catastrophic events occur.