Underwriting
Alberto Wasn’t Necessarily the Harbinger of a Rough Hurricane Season
Subtropical Storm Alberto kicked off the Atlantic hurricane season a week early, but don't take that as a harbinger of terrible weather. In fact, cooler ocean temperatures are already spurring ...
Uber, Waymo Exploring Self-Driving Tech Partnership
Uber Technologies Inc is talking with Alphabet Inc's autonomous driving unit Waymo about using its technology on Uber's ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, ...
Should AmTrust Go Private at the June 4 Shareholder Vote? Both Sides Weigh In
Supporters and opponents of AmTrust Financial Services' bid to go private are making their case before the proposal goes before stockholders for a vote in just a couple of days. On May 29, AmTrust ...
Allianz Invests in Africa Re, Continuing an Africa Expansion
Germany's Allianz Group will acquire an 8 percent stake in Africa's largest reinsurer, Africa Re, in a cash deal worth $81 million. The deal makes Allianz one of Africa Re's largest shareholders and ...
European Insurers Battling Regulation Avoid Pricy U.S. Treasuries
U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries are paying less than their pricier German peers when European insurers ...
Tougher No-Deal Brexit In the Cards If Talks With EU Fail
The European Union is weighing a much stronger warning on the risk of Brexit talks collapsing without a deal if the U.K. fails to lay out its position in more detail next month, said a person ...
Alberto, a Relative Letdown, Caused $50M in U.S. Insured Losses: Karen Clark & Co.
Subtropical Storm Alberto — the first named storm of the 2018 Hurricane Season — will likely cause close to $50 million in insured losses in the United States, according to catastrophe modeling ...
AIG Grows Presence in Pension Risk Transfer Market
American International Group is expanding its presence in the pension risk transfer market, spurred in part by the Trump tax cuts. "We are seeing significant opportunity in this market, driven by tax ...