Global Economy
Willis & AIG Start Selling Automatically-Renewing Insurance Policy
Willis Group Holdings and AIG are rolling out a new insurance policy for mid-market clients designed to automatically renew. Dubbed Evergreen, the policy will be first offered in the U.K. As ...
Watch This Video: Aon’s Primer on Pricing Cyber Risk
Carriers don't have an easy task in pricing cyber insurance coverages. Because this risk is relatively new on insurers' radar screens, there is little historical loss data to determine potential ...
Qatar Re Will Switch Its Corporate Domicile to Bermuda
Qatar Re will transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the 2015 fourth quarter. The move, subject to regulatory approvals, is designed to expand the ...
Lloyd’s Casualty Reinsurance Underwriters Worry They Risk Repeating Historical Mistakes
Lloyd's international casualty reinsurance underwriters are running the risk of repeating the same mistakes that have placed the market in difficulty in the past, according to a new straw poll of ...
In a Rarity, Category One Hurricane Slams Into Cape Verde
Something rare happened out in the Atlantic- - a hurricane hit Cape Verde. The islands off the coast of Africa lend their name to some of the most powerful storms the Atlantic produces, yet they ...
Executives On The Move at QBE, SCOR and Hamilton Insurance Group
A veteran executive from Chubb is joining QBE Insurance as managing director of its Asia Pacific region, effective Sept. 1. Mark Lingafelter's new responsibilities include continued execution of the ...
Nestle Suit Alleges Slave Labor Used For Fish in Fancy Feast Cat Food
Nestle SA was sued over claims that its Fancy Feast cat food contains fish from a Thai supplier that uses slave labor. The complaint against the Swiss food giant follows one last week accusing Costco ...
S&P, Fitch Differ on Whether Reinsurance Price Declines Are Moderating
Two of the P/C industry's ratings entities – Fitch and Standard & Poor's – differ as to whether they see a moderation of ongoing reinsurance price declines. Fitch sees the downward trend ...