Insurance Business America

New Hamburg office boosts regional presence Berkshire Hathaway Specialty Insurance (BHSI) has appointed Thomas Pache (pictured above) to lead its newly launched professional indemnity (PI) and cyber insurance lines in

It offers immediate financial relief to businesses facing climate-related power disruptions As businesses across the US face growing risks from climate change, power outages are emerging as a significant concern,

Key arrival to help support clients on their energy transition journeys Allianz Commercial has brought in Priscilla Pazmino-Vitela (pictured) as natural resources hub lead for the Americas.  » Read More

Growing use of offshore reinsurers and asset-intensive structures raises transparency concerns The growing use of innovative “funded” or “asset-intensive” reinsurance structures by life insurance companies has attracted regulatory attention, particularly

New framework reduces collateral for EU reinsurers, but collateral remains for older liabilities Following a treaty signed in September 2017, the United States and the European Union agreed on allowing

He will focus on expanding capacity and third-party capital for the firm's clients Aon has announced two leadership appointments in its reinsurance solutions and securities divisions. Paul Schultz (pictured above)

Rob Galbraith, founder and CEO of Forestview Insights, on the need for transparency in market Rob Galbraith, founder and CEO of Forestview Insights, has spent years working closely with insurance

Lawsuit accuses of failure to provide coverage for unresolved sexual abuse settlements The Archdiocese of New York has filed a lawsuit against Chubb Ltd, accusing the insurer of violating New

Both bring decades of experience to their roles Holly Williams Lambert has been appointed as the next insurance commissioner of Indiana, while Michael T. Caljouw has been named insurance commissioner

Donations to aid groups helping communities recover in hardest-hit states Sun Life US and its subsidiary DentaQuest have announced their support for relief efforts in the states hardest hit by