Risk
Willis Group Reorganizes and Promotes a Key Executive
Willis Group Holdings plc has officially reorganized from three operating segments into four, and promoted a key executive as part of the changes. The global insurance/reinsurance broker and risk ...
Hamilton Insurance Brings in Torus Vet To Develop Lloyd’s Business
Hamilton Insurance Group is bringing in the former head of Torus Insurance Holdings Ltd.'s international operations to lead development of its Lloyd's business, which will also be renamed. Dermot ...
Risk Expert Admits That Preventing Stupid Customer Decisions Isn’t Easy
Property cat losses were relatively low in 2014. That likely won't continue in 2015, in part because of the "stupid" decisions customers unavoidably make, a risk management expert said recently. "You ...
South African Floods and Torrential Rains Kill Hundreds
The likely death toll from flooding and torrential rain in Mozambique, Malawi and the Indian Ocean island of Madagascar reached the 260 mark, with almost 300,000 people driven from their homes. ...
Global Nuclear Accident Compensation Fund Launches With Japan Signing
Japan signed on to a global nuclear- compensation treaty in Vienna that will create a fund to help victims of accidents like the one that devastated Fukushima Dai- Ichi in 2011. The Convention on ...
RSA Reportedly Exploring Sale of Middle East Unit
RSA Insurance Group Plc is considering the sale of its Middle Eastern business as the U.K. insurer seeks to raise capital, people with knowledge of the matter said. RSA, whose operations span Europe, ...
QBE Gains Ratings Upgrade From A.M. Best as Revamp Continues
QBE Insurance Group got a ratings upgrade from A.M. Best for operating subsidiaries in the United Kingdom, Australia and North America, reflecting a positive response to the company's ongoing revamp. ...
Farmers Follows USAA With Ridesharing Insurance in Colorado
Farmers Insurance said it will launch a coverage endorsement in Colorado for ridesharing insurance, a week after USAA announced a similar program for the state. Like USAA, Farmers said its coverage ...