| Today's Headlines | September 9, 2022 |
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Supply chain. The unprecedented disruptions of the past few years have made "supply chain" a household word—because nearly every household in the world has been affected by the shortages of goods and services, all created by breaks in the supply chain, and the resulting inflation. Remember when the giant containership Ever Given got wedged last... read more | | |
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While the days of cash flow underwriting are a distant memory for veteran insurance executives, the need for industry's more recent "preoccupation" with underwriting profit is starting to subside, two specialty carrier leaders suggested yesterday. Speaking at the Keefe Bruyette & Woods Insurance Conference in New York Wednesday, W.R. Berkley Corporation's Chief Executive Officer W.... read more | | |
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AXIS Capital Holdings Ltd. announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale market. The division is being led by Carlton Maner, who has been appointed as CEO, AXIS Wholesale, reporting directly to AXIS Specialty Insurance and Reinsurance CEO Vincent Tizzio. This appointment expands Maner's prior responsibilities as... read more | | |
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Westfield said it has expanded into the international specialty insurance market by buying Lloyd's Syndicate 1200 from Argo Group International Holdings for about $125 million. The acquisition is expected to close during the first half of 2023 pending regulatory approval. "This acquisition is our first step in establishing a global franchise for Westfield," said Ed... read more | | |
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AIG's Lexington Insurance Company has launched the Lexington Middle Market Casualty team, a group of dedicated underwriters focused on providing insurance coverage exclusively to small-to-medium-sized commercial enterprises (SME), substantially expanding the company's market reach beyond upper middle-market and large enterprises. The team, which is headed by Paul McLaughlin, senior underwriting manager for Lexington, brings together... read more | | |
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Markel Corporation said that Jed Rhoads, president and chief underwriting officer of Markel's Global Reinsurance Division, is retiring at the end of 2022. Rhoads has been in the industry for more than 40 years, and throughout his career has held executive positions with several organizations. He joined Markel in 2013 as part of its acquisition... read more | | |
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| | Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| | Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| | Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| | Transformative projects are never easy, but with the wisdom of your peers, you ... read more | |
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| | With all the technology available today, "going digital" might sound easy. But ... read more | |
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