Reinsurance
Many Global Firms Face Heavy Coronavirus Costs, Due to Epidemic Cover Exclusions
Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from ...
Business Interruptions Spread Globally as Coronavirus Cases Grow
Facebook Inc. is restricting employee travel to China, while other big companies including and Nissan Motor Co. and Starbucks Corp. are taking measures to shield employees in areas hardest hit by a ...
Recent Cyber Attacks in Europe, Middle East Reportedly Connected to Turkey
Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three ...
Insurance Jobs Increase Even as Overall Hiring Momentum Starts Slowing
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the ...
Australian Insurers Strong Enough to Handle Recent Bushfire Losses: A.M. Best
Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital positions and support from reinsurance partners, said AM ...
Pension Fund’s Managers Risk Firing Without Curbing Climate Change Exposure
A 30 billion-pound ($39.3 billion) U.K. pension fund has threatened to fire managers that fail to curb their exposure to climate change and position for a low-carbon economy. Brunel Pension ...
Corvus CEO Edmundson: InsurTech and Cyber Cover Offer a Potent Mix
Cyber continues to be a fast-evolving risk. But Phil Edmundson, founder and CEO of the Boston-based InsurTech-focused managing general agent, said his company's strategy takes that into account. "The ...
Is the Industry Ready for the Fourth Industrial Revolution?
Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS. "The second thing that has got to be present for ...