Reinsurance
In Times of Crisis, Leaders Should Use Frequent Communication (and Metaphors)
The coronavirus and its global spread has left companies around the world scrambling to keep employees safe, reduce anxiety and maintain stability of their operations. In times of crisis, however, ...
Executives On The Move at Liberty Mutual, Marsh and Safety
Liberty Mutual's Liberty Mutual Re promoted an executive who now oversees business in Panama and the Andean Region. Marsh appointed a new head of Victor Insurance Holdings, its managing general ...
UK Storms Lead to Nearly $474M in Insurance Payouts: ABI
Insurers expect to pay more than $473.7 million to UK customers hit by the recent Storms Ciara and Dennis, according to initial estimates from the Association of British Insurers (ABI). Initial ABI ...
Aon, Willis Tower Watson to Combine in Massive Merger Deal
Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under ...
Executives On The Move at Chubb, Loyd’s and Hamilton Insurance
Chubb picked a rising executive to be Construction Industry practice leader for its large account segment. Lloyd's of London promoted one of its veteran attorneys to be its next U.S. general counsel. ...
Insurers Worry Canada’s Climate Change Flood Mapping Work Will Take Too Long
Canada plans to focus its next budget on tackling climate change and its effects but the insurance industry, amid skyrocketing costs, is concerned the government will move too slowly on the key first ...
Insurance Conferences Go on Despite Coronavirus, but No Handshakes (or Buffets) Allowed
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at ...
With a Few Exceptions, Insurers Are Unlikely to Cushion Coronavirus Losses
Don't look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that's sweeping across the globe. The ...