Markets
Top 25 Non-Life Reinsurers: Munich Re Leads A.M. Best Ranking
Munich Re tops a ranking of global non-life reinsurers, eclipsing Swiss Re by more than $2.5 billion in gross premiums on a list extracted from an A.M. Best analysis. The rating agency's special ...
Reinsurance Industry Continues Dabbling With Technology, But It’s Time to Dive In
If you look at the history of technology, a huge new trend has completely transformed a business sector every 10-15 years. However, usually the introduction of a new digital development is ...
The Latest Launches From Coalition, Liberty Mutual/Ironshore and Aon
Coalition launched an incentive program designed to encourage policyholders to implement cyber attack mitigation known as MFA. Liberty Mutual's Ironshore Environmental is introducing a smartphone app ...
Updated Hurricane Dorian Insured Loss Estimates Calculated for U.S., Caribbean
Hurricane Dorian may be history, but catastrophe modeling firms are still calculating insured losses for damage the storm inflicted on the U.S. and Caribbean region. Karen Clark & Co. issued an ...
Executives On The Move at Liberty Mutual and The Hartford
Liberty Mutual promoted a veteran employee to the position of chief underwriting officer, North America, for its Global Risk Solutions unit. The Hartford appointed a new chief human resources ...
Benefits Abound With Investments in Climate Change Adaptation
Investing $1.8 trillion between 2020 and 2030 in projects to help communities adapt to the worsening impacts of climate change could yield $7.1 trillion in economic benefits, according to a report ...
Facebook Users Gain Liability Leverage in Cambridge Analytica Suit
Facebook Inc. users suing over the social network's worst-ever privacy scandal gained leverage to pry into its internal records to back up their claims that it failed to safeguard their personal ...
Executives On The Move at AXA XL, Guy Carpenter and Aspen
AXA XL hired a Zurich veteran to lead a Captive Practice in Canada. Guy Carpenter & Co. named a new chairman. Aspen Insurance Holdings Ltd. appointed its latest chief information officer.
Root Insurance Secures $350M Financing to Fuel Accelerated Expansion
Root Insurance confirmed it has pulled in a $350 million venture capital infusion, a few weeks after news of the imminent financing leaked early. The Wall Street Journal reported in late August that ...