Reinsurance
Bank of England to Lloyd’s: Make Progress in Tackling Sexual Harassment
The Bank of England called for Lloyd's of London to demonstrate progress in tackling the insurance market's culture of sexual harassment. The BOE's director of insurance supervision Anna Sweeney said ...
InsurTech Startups Will Scale Up and Mature in 2019, and Other Predictions
The insurance technology, or InsurTech sector has seen much technological and investment development over the past few years. Traditional insurance business lines such as health, auto, and commercial ...
Why 5G Networks Could Be Bad News for Storm Forecasting
Satellites tracking water vapor in 2012 helped scientists accurately predict Superstorm Sandy's frightening turn toward New York and New Jersey where it killed dozens of people and inflicted billions ...
El Niño Conditions Likely to Continue Through Summer
There is a 66 percent chance that the Northern Hemisphere will see persisting El Niño conditions in the summer of 2019, the National Weather Service's Climate Prediction Center (CPC) said in its ...
Shipping Insurance Premiums Spike Following Tanker Attacks in Middle East
Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on Thursday, with the potential for costs to rise further as ...
Guy Carpenter Suspends Two Over Email Harassing Incident
A Lloyd's of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding ...
Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf
Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...
The Latest Launches From Zurich and Everest Insurance
Zurich has a new hurricane deductible buy-back program. Everest Insurance expanded its workers compensation capabilities for the marine industry.***
Zurich has ...