Underwriting
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 ...
Uber-Like Video Service Lets Adjusters Assess Damage from Their Desks
A new service promises to provide insurance claims adjusters with videos of losses without them ever having to leave their desks. The videos would be supplied by an Uber-like network of smartphone ...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best
Europe's top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from their taking advantage of cheap and bountiful reinsurance capacity, A.M. ...
Mercedes Equips Electronic Van With Delivery Drones
Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a 500 million-euro ($562 million) investment aimed at speeding delivery times for online ...
VW Seeks to Keep Employee From Testifying in Irish Diesel Emissions Case
Volkswagen AG challenged the right of an Irish court to hear a case over cheating on diesel emissions tests as it fought to keep an employee from testifying for the first time in the scandal. Paul ...