Markets
Church Mutual Launches Online Subsidiary Targeted to Smaller Religious Organizations
Church Mutual Insurance Co. has launched an online subsidiary targeted to smaller churches and other religious organizations. CM Select Insurance Co. will allow those clients to get quotes, purchase ...
German Regulator Backs Post-Brexit Insurance Contract Fix
European Union and U.K. authorities must agree on a political solution to the threat Brexit poses to trillions of dollars in derivatives and insurance contracts, according to Germany's top financial ...
TransRe Grabs Some U.S. Renewal Rights From Maiden Re, Whose North America Arm Is for Sale
TransRe has acquired the renewal rights to Maiden Re's U.S. treaty reinsurance underwriting business for an undisclosed price, even as talks to sell Maiden's North America arm are in "advanced ...
If You Want a Job, 63 Percent of Insurers Are Looking, Jacobson/Ward Study Found
A majority of insurance companies plan to hire additional employees in 2018, even as the industry's unemployment rate hovers at a record low and the labor market remains extremely competitive, ...
Employee Job Satisfaction Rises; Unhappiness Over Training, Bonuses, Promotion Is an Issue
Slightly more than half of U.S. employees claim to be satisfied with their jobs, a statistic to consider as Labor Day 2018 approaches. Specifically, 51 percent of U.S. employees said they are ...
H1 ILS Issuance Reached a Robust and Resilient $7.3B: Swiss Re
Insurance-linked securities continued at a healthy clip during the 2018 first half but failed to reach record levels hit last year, Swiss Re said in its latest report on the matter. H1 2018 ILS ...
California, Hammered by Fires, Plans for Many More Climate-Change Risks
Two-thirds of California's beaches may be washed away by the end of the century, according to the state's latest forecast. California's fourth statewide climate assessment details the increasingly ...
India Recommends J&J Pay Patients Compensation Over Recalled Hip Implants
A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm ...