Markets
Swiss Re Q2 Profit Hampered by Higher Catastrophe Claims
Swiss Re AG, the world's biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada. Net ...
It’s Pokémon Go Time for Insurers
Whether they're getting stuck in trees, sinking into the mud or wandering into traffic, distracted players of Pokémon Go have been getting into all kinds of trouble this summer. But what do their ...
10 Recent Pokémon Sightings: AP
What are some of the latest risks of augmented reality games revealed by the activities of Pokémon Go players? These recent Associated Press reports provide some idea: Man surrenders for alleged ...
Hedge Fund Reinsurers: Still Taking Heat From S&P, Lawmakers
Even as new waves of hedge fund reinsurers launch, one rating agency continues to question the basic business model—a model that also has critics among U.S. lawmakers who have tried unsuccessfully ...
Northeast Drought Could Have Staying Power Through Fall
At Lavoie's Farm in New Hampshire, beans and corn haven't broken through the ground yet and fields of strawberries are stunted. The drought that has taken hold in the Northeast is especially felt at ...
The Latest Launches from Willis Towers Watson and Beazley
Willis Towers Watson updated its Radar pricing software. Beazley expanded its event cancellation coverage for political violence and incidents of terrorism. *** Willis Towers Watson released a new ...
Executives On The Move at BHSI and AXIS
Berkshire Hathaway Specialty Insurance named a new executive to lead and launch its cyber liability product line in New Zealand. AXIS Capital Holdings hired a former CNA executive for a senior, U.S. ...
AIG CEO Peter Hancock is Vulnerable, With Q2 Profit Expected to Plunge
The clock is ticking for Peter Hancock. The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the ...