Markets
A.M. Best Dings Credit Outlook for Navigators’ EU Business
Navigators' international arm must deal with an outlook downgrade from A.M. Best due to uncertainties about its post-Brexit business plan in the European Union under new owner The Hartford Financial ...
Aging U.S. Dams + Extreme Weather = Disaster: CM Risk Alerts
Experts fear that aging U.S. dams may not be able to handle the extreme weather events associated with climate change. Scientists warn that some U.S. coastal cities could experience daily flooding by ...
The Latest Launches From Fidelis and AmTrust
Fidelis, Aon and Marsh are collaborating on a new approach to keeping the products of modern slavery out of the export supply chain. A division of AmTrust Financial Services launched a commercial ...
1 in 4 U.S. COVID-19 Deaths Are Coming From Nursing Home Residents
Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more than a quarter of the deaths, according to an Associated Press analysis of government data ...
A Primer on London’s Former Role Insuring the Atlantic Slave Trade
London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of history and racism. This reappraisal was triggered by the death of George Floyd, a black man ...
Maximizing the Value of ‘New Data’ in Commercial P/C Insurance
While there's a great deal of speculation surrounding the COVID-19 pandemic's immediate and longer-term effects on the insurance industry, one key trend is sure to stick: commercial P/C insurers will ...
A Mixed Perspective on Lemonade’s Proposed IPO
Lemonade's proposed initial public offering, disclosed earlier in June, has the dubious distinction of being unveiled during the ongoing COVID-19 pandemic, a phenomenon that has roiled the public ...
Swiss Re Appoints Leger as Chief Underwriting Officer as Schmid Steps Down
Swiss Re announced the appointment of Thierry Léger as the group chief underwriting officer, effective Sept. 1, 2020. At the same time, the reinsurer announced it is restructuring its life ...