Reinsurance

Safety National Revamps Leadership Team With Growth, Innovation on Its Mind

Safety National is making four changes in its executive leadership it frames as a reorganization designed to keep the company growing and innovating. The specialty insurance and reinsurance provider ...

Scientists Perplexed by Climate Change Models Running Red Hot

There are dozens of climate models, and for decades they've agreed on what it would take to heat the planet by about 3° Celsius. It's an outcome that would be disastrous—flooded cities, ...

After Brexit: EU Links Financial Relations With UK to Trade Deal

Access to the European Union market for Britain-based financial firms will be linked to the overall results of trade talks with London, EU chief negotiator Michel Barnier said on Monday. Britain and ...

Berkley CEO Warns ‘Clouds Are Beginning to Build’ for Workers Comp

While the market is hardening and rates are increasing for nearly every commercial insurance line, workers compensation remains stubbornly soft. That reality is something that W.R. Berkley's CEO ...

Brexit Arrives, While Scotland Keeps Fighting for Independence

As jubilant Brexit supporters gather to celebrate the U.K.'s departure from the European Union, Scotland is digging in to its position as the last bastion of political resistance. First Minister ...

Brexit Transition Period Ahead for UK, EU Insurers: A.M. Best

As of Jan. 31, 2020, Brexit is finally here. But the UK's departure from the European Union shouldn't have any immediate impact on UK or EU insurers, A.M. Best said in its latest commentary. That ...

Lloyd’s First Syndicate-in-a-Box Aims to Be an Innovation Lab: Munich Re

Lloyd's of London is expecting big things for 2020 as it rolls out the key initiatives for its massive modernization project designed make it easier to do business with Lloyd's and, ultimately, ...

The Unique Requirements of a Lloyd’s Syndicate-in-a-Box

Lloyd's developed the concept of a syndicate-in-a-box (SiaB) to make it easier for innovative capital to enter the market, but there are certain requirements and differences compared to traditional ...