Chubb e1669820724354

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…

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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…

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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…

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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…

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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…

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