Reinsurance
Executives On The Move at Willis Towers Watson and Lloyd’s
Willis Towers Watson appointed a new senior director within its Insurance Consulting and Technology business. Lloyd's of London created a new position – head U.S. head of Claims – stemming from ...
Traditional Reinsurers Perform Better Than Total Return Reinsurers: AM Best
Although total return reinsurers, which like to take more risk on the investment side of their balance sheets than other reinsurers, have the potential to generate significantly higher investment ...
Price Casualty Like a Short-Tail Line: Swiss Re Exec
With low investment yields becoming a fact of life of insurers and reinsurers, breakeven combined ratios for casualty business won't cut it anymore, a reinsurance executive said recently. Jonathan ...
Insurers Plan to Hire But Recruitment Struggles Remain
Most U.S. insurers want to fill existing positions or expand their staffs over the next year even though they are still having trouble recruiting. Interestingly, that trouble has persisted even ...
Hurricane Laura Wind/Storm Surge Insured Losses Could Reach $12B: CoreLogic
Hurricane Laura wind and storm surge-related damages caused between $8 billion and $12 billion in insured losses, according to a new data analysis from CoreLogic. Specifically, the estimate covers ...
Climate Change and More Making Hurricanes Increasingly Destructive
A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion-dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. ...
Hurricane Laura Causes Major Disruption of U.S. Energy Exports
Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. ...
For Mid-Sized Businesses, Reducing Risk Through Crisis Management Remains Big Unmet Need
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they're concerned about ...