Underwriting
Some European Bond Investors Risk $1 Trillion Liability
Another year, another thing for investors in Europe to worry about. The Bank Recovery and Resolution Directive, part of the regulatory changes since the 2008 financial crisis, comes fully into force ...
EU Explores Creation of Cross-Border Car Insurance/Pension Market
Creating a pan-European retail market in car insurance and pensions largely hinges on whether 500 million consumers will go online to widen their choice of products, the EU's executive body said on ...
Uber Drivers’ Lawsuit Got Significantly More Costly
Uber Technologies Inc. drivers seeking to be treated as employees won a ruling that adds tens of thousands of them to the case and may put hundreds of millions of dollars more at stake. A judge's ...
Updated: Venezuela Volatility Hurt Liberty Mutual’s Q3
Liberty Mutual Holding Company continued to deal with the volatile Venezuelan market during the 2015 third quarter, from which it is pulling back. It also faced some energy related losses during that ...
‘Monster’ El Nino Could Produce More and Stronger Events Over Next Decade
In Buffalo, it hasn't snowed yet this year. A Duluth, Minnesota, newspaper reported that the temperature was 40 degrees above zero, not below. And in Miami, beachgoers are staying indoors during ...
British Insurers Revamp Models After Repeat 100-Year Floods Defy Expectations
British insurers could have to pay out up to 250 million pounds ($375 million) in claims to owners of homes and businesses, industry specialists said on Monday, after the northwest of England ...
Peer-to-Peer Insurance Startup Attracts Funding from Silicon Valley’s Sequoia Capital
Sequoia Capital, a California venture firm better known for funding technology or industry game-changers including Apple, Cisco and YouTube, has put its money behind a property/casualty insurance ...
Cyber Insurance Underwriting Advances to its ‘Teen’ Years in Terms of Experience
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from ...