Markets
More Than 60 Insurers in Gibraltar Could Bypass Brexit Through Spain
A small town mayor from southern Spain is offering Gibraltar-based insurers a way to retain access to the European Union single market after Britain leaves the bloc next year. Juan Franco of La Linea ...
Assurant Gets A.M. Best Financial Strength Ratings Affirmation
Assurant can celebrate the fact that A.M. Best affirmed its financial strength ratings, but that news also came with a few words of caution. The ratings agency said that there were a few check marks ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
The Latest Launches From Generali, Marsh, Envelop Risk and Madison Mutual/Roost
A unit of Generali Group beefed up coverage it offers for multinational corporate and commercial companies. Marsh is marketing a collection of new and expanded risk analytics and insurance coverage ...
Safety Advocates Chip Away at Tesla’s Post-Fatality Autopilot Defense
Tesla Inc.'s ardent defense of its Autopilot system is getting heat from safety advocates who question a key data point the company has been citing to plead its case. Several times since an ...
Plenty of Reinsurance Capacity Remains for Mid-Year Renewals: Aon Benfield
Global reinsurer capital continued to rise in 2017, despite the $136 billion in insured losses from natural catastrophes last year, according to a reinsurance market report published by Aon Benfield. ...
U.S. Small Businesses Hammered by Uninsured Losses From 2017 Storms
Small businesses in the United States struggled with uninsured damages and lost revenue following a record-breaking year of hurricanes and wildfires, according to a Federal Reserve survey published ...
Cloud-Based Business Email Accounts at Increased Risk of Hacking
Cyber criminals are targeting business email accounts at an accelerated rate, particularly at organizations using cloud-based programs, says a new report from specialist insurer Beazley. The top two ...
Multiples Parties Were Interested in XL Besides AXA, Filing Reveals
According to details revealed in a public filing Monday, two parties approached XL Group for potential tie-ups before AXA started to pursue a deal—and seven, in total, were interested before AXA ...