Emerging Markets
Africa to Issue Climate Change Bonds in 2016; Structure Similar to Cat Bonds
Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa— unique instruments that will enable the world's poorest continent to tap ...
Swiss Re’s Chief Economist Analyzes a Difficult Reinsurance Market
Over the past 13 years, Swiss Re's Chief Economist Kurt Karl has been through a succession of reinsurance market ups and downs, but he says the current situation is somewhat new and requires special ...
Europe Beats U.S. in M&A Insurance Industry Deals: Clyde & Co.
Insurance and reinsurance industry M&A deals have picked up a bit in Europe and elsewhere. But they keep declining in the U.S., continuing to deny it the lead in a space it has typically ...AIG CEO Finalist Wintrob Leaves the Company for ‘Other Opportunities’
Jay Wintrob is leaving American International Group three months after being passed over for the job of president and CEO. Earlier this summer, news reports pointed to Wintrob, president and CEO of ...
Beazley: Cyber Breaches are Small in Number But Growing
Specialty insurer Beazley has identified the most common source of data breaches, and they're not all in the cyber world. Most come from misdirected emails and faxes and the loss of paper records, ...
Hurricane Polo Could Worsen Before Weakening
Hurricane Polo may strengthen a little more before it begins to weaken this weekend as it moves parallel to Mexico's Pacific coast, the U.S. National Hurricane Center said. Polo has top sustained ...
Ridesharing Insurance Legislation Becomes Law in California
California Governor Jerry Brown signed new insurance requirements on ridesharing companies into law on Wednesday, but the regulations come at a far lower cost to the industry than previously written ...
Big Data Increasingly Helps Insurers Spot Risks
Insurance companies are increasingly turning to "big data" from satellites, social media and even cigarette sales at gas stations to help identify risks and build up customer profiles. Insurers and ...