Markets
The Latest Launches From Aon and Swiss Re
Aon is partnering with an InsurTech to help insurers evaluate their portfolio risks by way of a wildfire risk model using artificial intelligence. Swiss Re has launched new parametric insurance cover ...
Crop Insurance Subsidies in Jeopardy Under Trump’s 2020 Budget
President Donald Trump's "I LOVE YOU!" tweet to farmers is facing another challenge: Budget cuts that will slash subsidies for crop insurance and small growers. Trump's 2020 budget, released Monday, ...
Crash Concerns Leave Airlines Rethinking $55B in Boeing Orders
The Boeing Co. 737 Max crash in Ethiopia looks increasingly likely to hit the planemaker's order book as mounting safety concerns prompt airlines to reconsider purchases worth about $55 billion. ...
Wells Fargo CEO Insists Scandals, Risk Management Woes in Past; Regulator Disagrees
Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof the bank has put a string of consumer abuse scandals behind it at a tense congressional ...
Risks and Non-Risks in the Obesity Epidemic: Praedicat Analysis
Are the products used to build our buildings also making us fat? Are our diet sodas giving us cancer? As though it isn't hard enough to watch our diets, as insurers we have to worry about what it all ...
The Latest Launches From W.R. Berkley Corp and Pool Re
A division of W.R. Berkley Corp. is selling an insurance product that covers individuals for embezzlement of their invested assets. Pool Re, Britain's terrorism reinsurer, is working with UK ...
Fitch Notes Realized Benefits of Kemper’s $1.3B Infinity Acquisition
Kemper Corp. earned some kudos from Fitch Ratings over its improved financial strength, and a subsidiary gained an outlook upgrade. Specifically, Fitch affirmed Kemper's "A-" (Strong) financial ...
PartnerRe Reorganizes Property & Casualty Arm Into 3 Regional Units
PartnerRe plans to reorganize its Property & Casualty arm into a regional structure and will make several changes to its executive leadership team as part of that process. Effective April 1, ...