US property reinsurance renewals show large increases: Gallagher Re Mid-year reinsurance renewals showed hefty increases in U.S. property business and more modest casualty rate movements, according to a report Friday from Gallagher Re, the reinsurance business of Arth …
Cat bond issuance strong in first half: Moody’s Catastrophe bond issuance remained buoyant in the first half of this year, with $7.7 billion in new issuance following a record year in 2021, according to a report released Friday by Moody’s Investors …
OSHA extends COVID emphasized enforcement The U.S. Occupational Safety and Health Administration is extending its revised National Emphasis Program for COVID-19, set to expire July 7, until further notice and doubling its inspections goal, th …
Marsh names US chemical practice leader Marsh LLC on Friday named Stephen Horstkamp U.S. chemical practice leader, effective immediately, succeeding Mary Russell, who is retiring from the company.
The BI Top 10: Week of June 27, 2022 Leadership changes at Everest Insurance, the insurance division of Everest Re Group, top this week’s news. Also of note: An analysis of the potential exposures employers could face for covering the tr …
Businesses face up to 20% higher insurance bills amid inflation U.K.-based PricewaterhouseCoopers LLP expects U.K. businesses to face up to a 20% increase in their annual insurance bills as insurers hike premium rates to cover the climbing cost of claims resulting …
Russian insurers’ premiums drop 2% as financial conditions weaken Data from the Russian Central Bank said that local insurers’ aggregate gross written premium dropped almost 2% year-on-year to 452.3 billion Russian rubles ($8.4 billion) in the first quarter of the y …
