Reinsurance
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 ...
The Latest Launches From Praedicat and BHSI
Praedicat is debuting COVI19 litigation scenarios and a COVID-19 litigation tracker designed to help clients manage their exposure on casualty lines of business. Berkshire Hathaway Specialty ...
Opinion: Death of the Office? Not So Much
I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, ...
UK Government Forms $12.5 Billion Reinsurance Backstop for Trade Credit Insurers
The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme designed to help businesses during the COVID-19 pandemic by guaranteeing transactions insured by trade credit ...
Global Warming Increasing Frequency of 100-Year Rainstorms: Risk Alerts
Global warming is intensifying rainstorms in North America. Rats are becoming more aggressive in their hunt for food due to pandemic lockdown measures.***
If the ...
Argo Settles SEC Investigation Into Executive Pay Practices
Argo Group will pay $900,000 to settle a U.S. Securities and Exchange Commission investigation into executive perks paid to former CEO Mark Watson III that raised the ire of an activist shareholder. ...
Proposed Pandemic Re Corp. Would Treat Small, Large Biz Interruptions Differently
Another proposed public-private partnership reinsurance program is being talked about to cover pandemic-related business interruptions, the leader of a reinsurance association said on June 2. The ...
P/C CEOs and Their Companies Pledge a Renewed Fight for Social Equality
Property/casualty insurers and their CEOs are pledging to help their communities and employees find a meaningful way forward after the Memorial Day death of George Floyd in Minneapolis that sparked ...