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One year later, Baltimore bridge collapse has lasting impact on insurance market
[ad_1] “Before the collapse, this carrier was willing to take on significant portions of coverage, sometimes assuming 40-60% of a placement on a quota-share basis,” he told Insurance Business. “However, after the incident, they have reassessed their approach. Now, they are cutting back their limits—where they once provided $250 million in coverage, they may now…
Talanx Group’s Q1 preliminary earnings released
[ad_1] Result is well above the consensus forecast for the quarter [ad_2] Source link
Insurance moves at Fidelis, Hartford, Everen, Everest and Munich Re
[ad_1] They include a group managing director and a new head of healthcare [ad_2] Source link
NAIC says new RBC task force to convene at spring meeting
[ad_1] The ACLI has supported a transparent, data-driven approach to RBC processes, Haughawout said, adding that the task force is well-positioned to advance this effort. She also noted that the task force’s first organization call had more than 300 participants, reflecting significant interest in its work. [ad_2] Source link
Starwind Specialty names Graham Jenks head of JH Blades
[ad_1] Graham Jenks (pictured above) has taken over leadership of JH Blades, effective March 1, 2025. His new role includes oversight of JH Blades Energy, JH Blades Marine, Southern Marine and Energy Technical Underwriters. Jenks had served as president of Southern Marine for the past eight years and brings operational and industry experience to the…
Marsh unveils service for data center operators
[ad_1] Marsh’s new service includes a portfolio of insurance products tailored to data center needs. These cover standard property damage, business interruption, construction risks, and physical cyber events. In addition to insurance coverage, Marsh offers risk assessment services to help clients evaluate vulnerabilities and implement measures aimed at reducing potential losses. [ad_2] Source link