Risk
Satellite Crash Will Send Space Insurance Costs Rocketing
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 ...
Swiss Re Hit With Ethiopian Airlines, MAX and Natural Catastrophe Claims
Swiss Re's first-half net profit fell 5.3 percent, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. ...
Aviva Considers Possible Sale of Asian Unit as Overhaul Continues
Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief executive officer seeks to overhaul the British insurer, people familiar with the ...
New British PM Johnson Pledges Brexit ‘No Matter What’
Prime Minister Boris Johnson promised on Tuesday to lead Britain out of the European Union on Oct. 31 "no matter what" as sterling tumbled and Ireland warned that the bloc would not be renegotiating ...
J&J Fights to Keep Lawsuit in Play Designed to Force Baby Powder Cancer Warning
Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company's Baby Powder. So, it's urging a judge not to let a law firm that's been ...
Capital One Hammered by Massive Hack Attack Affecting 100 Million Individuals
Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by ...
The Latest Launches From MGAguard and Sompo International Holdings Ltd.
A division of Sompo International Holdings Ltd formed a partnership that allows it to offer its insurance products and services to golf courses and country clubs. A new technology-enabled MGA ...
Insurers Urged to Show Caution When They Pursue Recovery of Paradigm Fees
Paradigm Catastrophic Care Management offers what insurers crave: certainty in medical costs for workers compensation claims filed by catastrophically injured workers. For a set fee, the California ...