Risk
1,000-Plus Lawsuits Allege Pfizer Knew Zoloft Posed Birth Defect Risk
Pfizer Inc. researchers concluded last year that pregnant women taking Zoloft risked having babies with heart defects, according to evidence made public by a lawyer at the first trial of more than ...
Travelers Grabs Bulk of P/C Biz From Brazilian Joint Venture
The Travelers Companies Inc. will snatch up the bulk of the property casualty business from its joint venture in Brazil, underscoring insurers' increasing focus on emerging markets. Financial details ...
XL Unveils Sharia Compliant Equine Cover Through Lloyd’s of London
XL Group has rolled out what it bills as the first Shariah compliant product available through Lloyd's of London – cover for horses. Offered with Cobalt Underwriting (a specialist Shariah compliant ...
Standard & Poor’s: Insurance Industry Growth Isn’t Coming Easy
Global insurers are generating solid growth despite dealing with sluggish economies, historically low interest rates and new regulatory restrictions, Standard & Poor's concluded in a new report. ...
Chance of El Niño Now Up to 70%, Says U.S. Climate Center
A U.S. government weather forecaster on Thursday raised its forecast for the chance of El Niño conditions during the Northern Hemisphere summer to 70 percent, up from a 60 percent chance last month, ...
Cool Atlantic Could Mean Very Quiet Hurricane Season: CSU Forecast
The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William ...
Aon Benfield: Severe Weather Returned With a Vengeance in March
In March, the most severe weather events carried names like Mike, Niklas and Pam. Also, the United States began to see a return to extreme springtime weather after an unusually slow start to the ...
Significant Winter Insured Losses Don’t Match Last Year’s: Munich Re
Now that the U.S. is finally emerging from the winter of 2014/2015, the economic and insurance costs are becoming clear. The numbers are substantial, but they're not as bad as the previous winter. ...