AXA reports 7% increase in GWP

[ad_1] “Tariffs are impacting nearly every industry, including automotive, life sciences, consumer products like electronics, toys, appliances, and even food when it comes to ingredient sourcing,” Harvey said. “And when enforcement is lighter, the risk grows even more.” [ad_2] Source link

[ad_1] The case centers on years of litigation stemming from over 30,000 lawsuits filed against Moldex by plaintiffs who alleged its respirators failed to protect them from inhaling hazardous dusts, including silica and asbestos. Initially, Moldex’s primary insurers covered its defense. After those policy limits were exhausted in 2003, Moldex turned to its umbrella and…

[ad_1] Insurance coverage for oil companies Several major insurers, including AIG and Chubb, continue to provide coverage for oil and gas operations. Chubb, for instance, has expressed intentions to underwrite more oil and gas production, aligning with anticipated increases in fossil fuel activities under the current US administration. [ad_2] Source link

[ad_1] Mubadala, the Abu Dhabi-based sovereign investment fund, and Hg Capital, an existing Howden shareholder, are expected to contribute around $2 billion (£1.5bn) each in equity. The new investment would value Howden at approximately $20 billion, implying a combined valuation of around $30 billion for the group. [ad_2] Source link

[ad_1] Loyalty additions are paid as a one-time benefit in some policies in lieu of a simple reversionary bonus (SRB). The main difference is that, unlike the simple reversionary bonus, which becomes a part of the policy benefits as and when it is declared, loyalty additions shall be available to the policyholder only at the time of exit from the…

[ad_1] Engle and Associates is a family-owned insurance brokerage that has operated for over 45 years, offering a broad portfolio of insurance products, including commercial, home, auto, life, and health coverage. Following the acquisition, the firm will continue operating under the leadership of owners Scott Engle and Jayne Engle Allen.  [ad_2] Source link