Lots of “hungry and naive capacity” in the market as pricing pressures mount: Chubb’s Greenberg
“There is a lot of hungry and extremely naive capacity available,” Evan Greenberg, Chairman and Chief Executive Officer of Chubb, highlighted as he addressed mounting competitive pressures across global commercial property and casualty (P&C) lines. Pointing to an influx of undisciplined underwriting capacity, Greenberg noted that Chubb’s global reach remains its strongest shield: “Our broad…
Jacob Elordi Appears To Be Back In The Race To Play James Bond
For the last few weeks, reports in the media have suggested that the casting process for the next James Bond has become a two-horse race between British actors Jack Lowden and Jack Barton. However, it seems there’s one name that everyone may have been counting out too early. Towards the end of summer, Page Six…
Corgi appoints James Kullman as Head of Underwriting, North America
Corgi Insurance, an AI-native insurance carrier built for high-growth companies, has announced the appointment of James Kullman as Head of Underwriting, North America. In his new role, Kullman will lead efforts to advance commercial underwriting across North America, leveraging AI to improve risk selection, develop underwriting guidelines, strengthen portfolio management and support regulatory compliance. He…
For Men, There’s No Such Thing As An ‘Edgy’ Misogynistic Joke
Content note: this article mentions of assault and rape Earlier this month, comedian Shane Gillis used some of his precious time on millions-of-viewers-strong Saturday Night Live to blurt out a controversial line. In the (coveted) opening monologue, he said that “women just dress like whores [in the gym] now”. Locating the punchline here proved challenging….
HCI’s reinsurance tower and token affected after claims from Hurricane Isaias hit
HCI Group, Inc., a Tampa-based insurance holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has confirmed that only one of its three reinsurance towers has been impacted after receiving claims from Hurricane Isaias. To recap, Hurricane Isaias made landfall near Destin, Florida, as a Category 2 hurricane on 9…
CyberCube and Blackpanda partner to bring cyber risk analytics to brokers across Asia
CyberCube, a provider of cyber risk analytics for the insurance industry, and Blackpanda, Asia’s leading cyber incident response company, have partnered to bring cyber risk analytics to brokers across Asia through Broking Manager. CyberCube noted that cyber risk models used across Asia have typically been benchmarked against a single global average. Under the collaboration, CyberCube’s…
SageSure expands California offering with $20m TIV Olympus Capacity
SageSure, the specialist catastrophe-exposed property managing general underwriter (MGU), has announced the California expansion of SageSure One to better serve the growing premium homeowners segment. SageSure One is a homeowners insurance and property resilience programme designed for higher-value properties. It now offers a bespoke placement for resilient, higher-value California homes, with up to $20 million…
Josh Hartnett Opens Up About Bringing Below’s Unique Monster To Life
Josh Hartnett has opened up about filming some of the most dramatic scenes in his new supernatural Netflix drama Below. The Canadian series, which jumped to the top of the streaming platform’s most-watched chart immediately upon its release earlier this month, sees Josh playing a stubborn fisherman who must protect his small Newfoundland community from…
Slow Horses Director Speaks Out After Shock Season 6 Cliffhanger
This article contains major spoilers for the season six finale of Slow Horses. The director of Slow Horses has opened up about the cliffhanger at the end of the show’s most recent season. On Wednesday, the season six finale of the British spy drama premiered on Apple TV+, ending on what cast member Christopher Chung…
The Hartford appoints new leaders across Global Specialty business
The Hartford, a US insurance and financial services provider, has announced a series of senior appointments within its Global Specialty business unit, covering wholesale casualty, financial lines, professional liability and cyber insurance. Charles Chin will take over as Head of Wholesale Casualty for Navigators, a brand of The Hartford, while Anthony Dolce has been appointed…