Markets
Multiple Red Flags Place Profitable Growth for U.S. P/C Insurers in Jeopardy
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable ...
U.S. Flood Risk Remains Poorly Understood, Plus 4 Other Lessons From Hurricanes Harvey and Irma
US flood risk is firmly under the spotlight as re/insurers, businesses and public officials come to terms with the devastating impact of hurricanes Harvey and Irma. The re/insurance industry will be ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
6 Crisis Leadership Tips From Rudy Giuliani, ‘America’s Mayor’
No one anticipated the nature and scale of the attacks on the World Trade Center on Sept. 11, 2001, but the immediate response nonetheless drew upon months and years of careful planning and ...
Weakening Typhoon Lan Kills at Least Four in Japan, Causes Landslides and Flooding
A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after ...
The Hartford Will Acquire Aetna’s U.S. Life, Disability Biz in $1.45B Cash Deal
Hartford Financial Services Group Inc said on Monday it would buy health insurer Aetna Inc's U.S. group life and disability business for $1.45 billion cash in a move that will expand its insurance ...
AXIS Brings on Swiss Re’s Arora as New Reinsurance CEO
AXIS Capital Holdings Ltd. hired on veteran Swiss Re executive Steve Arora as the new chief executive officer of AXIS Re. Arora spent 18 years in a variety of senior positions at Swiss Re, most ...
The Latest Launches From Karen Clark & Co. and AIR Worldwide
Karen Clark & Company released its new Severe Convective Storm Reference Model. AIR Worldwide Worldwide has introduced a new inland flood model for Japan, along with enhancements to its Japan ...