Risk
London Mayor, Critical of Brexit Negotiations, Calls for Second Referendum
London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, saying the prime minister's handling of Brexit negotiations had become "mired in confusion and ...
BHSI Opens Second Office in Germany
Berkshire Hathaway Specialty Insurance is expanding operations in Germany. The insurer said that it has opened a new office in Munich, adding to existing operations in Dusseldorf. Both offices will ...
Homeowners Insurers’ Investment in Digital Channels Produces High Customer Satisfaction Scores: J.D. Power
Homeowners insurance companies are faring rather well when it comes to customer satisfaction. Consultants at J.D Power think the carriers' investments in improved digital channels and bundled ...
Allianz’s Austria Unit Investigated for Allegedly Giving Travel Clients Promises of ‘Unlimited’ Cover
An Australian unit of German insurer Allianz SE sold travel insurance that misleadingly promised unlimited emergency medical cover wherever people were even though the policies had limits on both ...
Typhoon Mangkhut Wreaks Havoc in the Philippines, Hong Kong, Mainland China
The cleanup from Typhoon Mangkhut began in Hong Kong and southern China on Monday after the storm left at least four dead in Guangdong province, damaged buildings and disrupted flights throughout the ...
Direct Distribution, Car Technology Advances Transforming Personal Auto Insurance
Technological advances in personal auto insurance distribution and vehicle safety are helping to drive significant transformation of the sector over the coming months and years, Conning said in a new ...
An Early Insured Property Loss Estimate From Hurricane Florence: $3B-$5B
Insured residential and commercial property losses relating to Hurricane Florence are expected to reach $3 billion to $5 billion, according to early estimates from CoreLogic. The number includes wind ...
Germany’s Manufacturers Sustain Nearly $50B in Cyber Attack Costs: Study
Two thirds of Germany's manufacturers have been hit by cyber-crime attacks, costing industry in Europe's largest economy some 43 billion euros ($50 billion), according to a survey published by ...