WORLD INSURANCE

Lloyd’s launches consultation on insuring the transition to a lower-carbon economy

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched a consultation on its roadmap for insuring the transition.…

Talanx successfully completes acquisition of Liberty Seguros in Brazil

The Retail International division of the Talanx Group successfully closed its acquisition of the Liberty Seguros business with retail customers…

Aviva to acquire Canadian vehicle replacement insurance business, Optiom

Aviva plc (“Aviva”) today announces the acquisition of Optiom O2 Holdings Inc (“Optiom”) from Novacap and other minority shareholders for…

Helvetia expects exceptionally high claims expenses from severe weather and major events in the third quarter of 2023

Helvetia registered an above-average number of intense severe weather events in the second half of 2023. Storms, hailstorms and heavy…

AIA, PAK Programs and Swiss Re Recognized for Excellence in Insurance Innovation

The International Insurance Society (IIS) and Insurance Thought Leadership (ITL) announced the winners of the first-ever Global Innovation Awards at the 56th installment of the…

The Hanover Appoints Stephen P. Marohn President, Specialty Property and Casualty

The Hanover Insurance Group, Inc. announced it has appointed Stephen P. Marohn president of specialty property and casualty. In this…

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