Global Economy
Reinsurers Come to Terms With Alternative Capital: Standard & Poor’s
Rather than fear the ever-increasing availability of alternative capital, reinsurers aren't just making the best of it. They're taking advantage of the money source and aligning it with their own ...
Trump’s Fight to Rollback Tailpipe Emissions Limits Leaves California Pondering Plan B
Even as California professes optimism in its legal fight against President Donald Trump's rollback of tailpipe emissions limits, the state is eyeing a fallback plan that could test how much its ...
Executives On The Move at Everest Re Group, XL Catlin and AXIS Capital Holdings
A former Chubb executive is joining Everest Re Group in a leadership role at its Reinsurance division. Ex-executives from Willis Towers Watson and Nationwide Insurance are starting as underwriters at ...
Insurance Is a ‘Well-Kept Secret,’ and Other Millennial Insights
What is the best part about working in insurance? For a group of millennials speaking with Insurance Journal at a July roundtable, the answer was simple. "The people," roundtable participants agreed. ...
XL Catlin Beefs Up M&A Underwriting Team With Two New Additions
XL Catlin hired two new additions to its team of Mergers and Acquisitions insurance underwriters - one is a veteran executive from Allied World Assurance Company. Naveed Khalidi comes to XL Catlin ...
Property Cover Drives 3rd Consecutive Quarter of Global Commercial Insurance Prices Hikes
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh's "Global Insurance Market Index." These average ...
July’s Droughts, Fires Caused Billions of Dollars in Economic Damage: Impact Forecasting
For many of July's global natural disasters, it was all about drought and wildfires, according to the latest update from Aon's Impact Forecasting. What the report found: Many countries dealt with ...
Hacking Programs Driven by Artificial Intelligence Feared as Next Big Cyber Problem
The nightmare scenario for computer security - artificial intelligence programs that can learn how to evade even the best defenses - may already have arrived. That warning from security researchers ...