Global Economy
Jury Urged to Hold J&J, Bayer Accountable for Allegedly Hiding Drug’s Flaws
Joseph Boudreaux says taking Johnson & Johnson's blood-thinning drug Xarelto was one of the biggest mistakes of his life. While Xarelto was supposed to help cut his stroke risk, Boudreaux says it ...
Insurance Linked Securities Continue 2016 Growth Trend
Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS Market Update from Willis Towers Watson Securities, the ...
More Brexit Fallout: FM Global Chooses Luxembourg as EU Hub
U.S. commercial property insurer FM Global is planning a European hub in Luxembourg following Britain's decision to leave the bloc, the head of its European division told Reuters. The mutual insurer, ...
RIMS 2017: Experts Urge Insurers to Treat Cyber As Risk Management Issue
If fire breaks out in a building, you wouldn't run out and buy and extinguisher to fight it after the fact. You'd likely already have one. The same idea should apply to cyber insurance, and yet ...
Trump, Brexit Fueling Interest in Political Risk Insurance Demand
Rocked by a shakeup in the Western political order, companies are buying more insurance to protect themselves against the threat of rising protectionism and upheaval to their operations in emerging ...
Swiss Re Economists Win International Awards for Research on Catastrophe Protection Gap
Thomas Holzheu and Ginger Turner of Swiss Re have received Shin Research Excellence Awards for their paper on "The Natural Catastrophe Protection Gap." The awards are given by the Geneva Association ...
Rising Global Protectionism Threatens Economic Growth: Atlantic Council/Zurich Insurance
A new report from the Atlantic Council and Zurich Insurance Group examines best-, worst- and base-case scenarios for global protectionism and other geopolitical trends and the potential impact for ...
Liability Claims Topping $1 Billion Now More Common: Allianz
Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & ...