Reinsurance
Businesses That Remained Opened Despite Shutdown Could Face Questions About Coverage
Insurers are already seeing some pushback regarding virus-related claim denials from businesses that suffered losses while closed due to the pandemic, but what about claims a business could file if ...
Cyber Security, Intergenerational Imbalances Among Swiss Re’s New Emerging Risks to Watch
Pandemic threats were once on the list of potential emerging risks facing the insurance industry and society. Now that this risk has materialized with the COVID-19 crisis, it is perhaps a good time ...
Insurers Distance Themselves From Controversial Australian Coal Mine Amid Global Backlash
Global insurance companies linked to Adani's Carmichael coal mine in Australia are distancing themselves from the controversial development, as pressure mounts on financial institutions to cut their ...
U.S. Carriers Beat Back Coronavirus Claims With Massive Cost Estimates
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover. The industry has ...
Climate Change Appears Likely to Cause Extreme Waves, Coastal Damage
Climate change is expected to cause stronger storm winds that trigger more extreme waves and increase coastal damage in Australia, the Pacific and South America by the end of the century, new ...
Swiss Will Vote on Companies’ Global Liability for Rights Abuses
Swiss voters look set to get the final say on whether Swiss-based companies should be liable for human rights abuses and environmental violations in operations even outside Switzerland. As consumers ...
Attorney Behind Thousands of Insurer Lawsuits Suspended by Florida Supreme Court
The Florida Supreme Court has granted an emergency request by the Florida bar to immediately suspend an attorney who, with his firm, has filed thousands of assignment of benefit and first party ...
The Latest Launches From Nationwide/Bold Penguin and Munich Re
Nationwide and Bold Penguin are testing an independent agent-facing commercial insurance quoting and selling platform. Munich Re Specialty Insurance (MRSI) released a Miscellaneous Professional ...
Executives On The Move at Sompo International and AXIS Re
Sompo International picked an executive to lead its new U.S. Insurance Environmental unit. AXIS Re named a new Head of Agriculture Reinsurance.***
Sompo ...