Reinsurance
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 ...
Coronavirus Concerns May Curb Events at Berkshire Hathaway’s May 2 Annual Meeting
Berkshire Hathaway Inc, the conglomerate run Warren Buffett, said it will hold its annual shareholder meeting on May 2 despite the coronavirus outbreak, but may curtail some of the surrounding ...
Covea to Acquire PartnerRe From EXOR for $9 Billion
EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm. EXOR bought the Bermuda-based reinsurer in ...
Swiss Re Will Make UBS CEO Ermotti Its Chairman in 2021
Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world's second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant ...
The Latest Launches From Lloyd’s, Sompo International and Beazley
Lloyd's now offers an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. Sompo International Holdings Ltd. said one of its U.S. units partnered ...
Global Insurers, Reinsurers Face Coronavirus Outbreak Exposures: Moody’s
Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial ...
Presenting HSB: The New Name for Munich Re’s Hartford Steam Boiler
Munich Re's Hartford Steam Boiler is formally rebranding itself with a new name – an acronym of the moniker it has had for 154 years. The Connecticut-based specialty insurer will now be known ...