Catastrophe bond issuance fell in the first half of 2026 compared with the same period last year, but new buyers and investors continued to enter the market, data shows. In addition to long-time market participants, new cedents and investors accessed the ... See more
Chubb on Monday said James Wixtead, senior vice president of Chubb Group and president of Chubb Tempest Re Group, has been named executive chairman. Mr. Wixtead will be succeeded by Michael O’Donnell, currently division president of Chubb Tempest Re USA. ... See more
Aon on Monday again expanded capacity for its Data Center Lifecycle Insurance Program designed for clients managing risk across all stages of data center development and operations, this time to $5 billion. Coverage options have also been expanded, the br... See more
Second-quarter premium renewal rate changes for all major commercial lines of business decreased compared with the first quarter, except workers compensation, which saw a slight increase, according to the Ivans Index on Thursday. For umbrella coverage, th... See more
Coalition on Wednesday launched Active Cyber Insurance for Enterprises, designed to meet the cyber risk needs of large organizations. The cyber insurer is offering up to $25 million in cyber limits to large businesses in the United States, Coalition said ... See more