Global Economy
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 & ...
Handling Cyber as Standalone Insurance Could Benefit Carriers, Buyers Alike
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT ...
AXIS Begins Actuarial Scholarship With China’s Renmin University
AXIS Capital Holdings Ltd. has partnered with Renmin University in China to launch a scholarship there for actuarial students. The AXIS Re Actuarial Scholarship will provide financial assistance to ...