Risk
U.S. Motor Vehicle Premiums Will Plunge as Autonomous Vehicles Advance: Aon Benfield
The rollout of autonomous vehicles over the next few decades could lead to a massive reduction in U.S. motor vehicle premiums in the coming years, Aon Benfield said in a new report. Expectations are ...
Trov Teams With Munich Re for 2017 U.S. Launch of On-Demand Insurance Platform
Trov, an on-demand insurance startup, is revving up plans to enter the U.S. market in 2017, by way of a partnership with Munich Re. Plans call for phasing in Trov's on-demand insurance into all 50 ...
Over 80% of Homes Damaged in Louisiana Storms Lack Flood Insurance: Impact Forecasting
Extreme August flooding in Louisiana and the Midwest took its toll in August, causing between $10 billion and $15 billion in economic losses, according to Aon Benfield's Impact Forecasting. Public ...
Ex-AIG Chairman Greenberg Seeks Vindication in 11-Year Lawsuit Battle
Even at 91, former American International Group Inc. Chairman Maurice "Hank" Greenberg isn't ready to quit fighting. Greenberg scrapped with regulators and the Internal Revenue Service and beat the ...
Reinsurance Broker BMS Re Acquires Advocate Reinsurance Partners
BMS Re US, a specialist insurance and reinsurance broker, has acquired a reinsurance intermediary that complements its own operations. The company, which is the broking arm of Minova Insurance, ...
Drone Racing Broadcast on TV Could be Europe’s Next Big Thing
Europe's leading pay-TV group Sky, known for splashing out billions of pounds on coverage of glamorous sports to keep an edge over its rivals, said on Wednesday it had identified the next big thing: ...
S&P Boosts Outlook for PartnerRe, Reassured by Its Hands-Off Owner EXOR
PartnerRe gets an outlook upgrade courtesy of Standard & Poor's, due in part to the ratings agency's admission that the reinsurer remains relatively autonomous from its new owner, EXOR. Standard ...
Employer Cash Flow Affects Workplace Safety: Study
More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion annually. It turns out employer cash flow affects whether those costs go ...