Reinsurance
Beazley and RenaissanceRe Debut Cyber Catastrophe Cover Backed by Capital Markets
Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber events. The majority of the security behind ...
Insurers Call for Greater Climate Change Action in Wake of Australia Fires
As the devastation from Australia's bushfires widens, the insurance industry is calling for concerted action to mitigate the impact of climate change. Months of out-of-control fires have burnt an ...
Iran Crash of Boeing-Made Ukraine Jet Leaves Safety Mystery Worsened by Tensions
As investigators sift through the charred wreckage of a jetliner that crashed shortly after takeoff from Tehran, contradictory reports have emerged about what might have caused the Boeing Co. 737-800 ...
EU Bank Official Wants Post-Brexit Trade Deal to Cover Financial Services
European Central Bank policy maker Klaas Knot said that having "a deep and comprehensive trade deal" that covers financial services would be preferable as the U.K. prepares to the leave the European ...
British Regulator Warns Commercial Insurance Bosses to Stamp Out Bad Office Behavior
Britain's markets watchdog has told the bosses of commercial insurance companies to stamp out bad behavior in the industry and improve diversity, or risk losing their jobs. The warning follows last ...
27 Carriers in Play With $1.3B FEMA Flood Program Reinsurance Renewal
The Federal Emergency Management Agency reported its 2020 traditional reinsurance placement for the National Flood Insurance Program, a transaction in which 27 private reinsurers assumed $1.33 ...
Good Leaders Listen, Giving Employees Plenty of Time to Answer Questions
Executives succeed, in part, by being good listeners, hearing their employees' concerns and questions, and responding in kind. The Random Acts of Leadership blog suggests leaders can improve this ...
Executives On The Move at W.R. Berkley, BHSI and Guy Carpenter
W.R. Berkley Corp. appointed an executive to run a subsidiary focused on workers compensation. Berkshire Hathaway Specialty Insurance promoted one of its executives to a leadership role focused on ...