Reinsurance
Munich Re America’s Levy: ‘Stable’ Expectations for the Future Reinsurance Market
Reinsurers are getting higher rates, and there's continued pressure on ceding commissions. But demand for reinsurance cover should remain stable even as prices increase, according to Munich Re ...
Aon Moves Incorporation From Britain to Ireland Due to Brexit
Insurance broker Aon plans to move its parent company's jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its ...
Everest Re’s Q3 Net Income Slammed by Hurricane Dorian, Typhoon Faxai
Hurricane Dorian and Typhoon Faxai chipped away at Everest Re Group's 2019 third-quarter net income, knocking it nearly in half from the previous year. The Bermuda-based insurer and reinsurer booked ...
Wildfires, Blackouts and Business Interruption in Today’s California
It was only expected to happen a couple times a year -- and just as a last resort. That's what utility giant PG&E Corp. originally said 13 months ago when it outlined plans to stage mass ...
This Time, Brexit Gets a ‘Flexible’ Delay
The European Union on Monday agreed a 3-month flexible delay to Britain's departure from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an ...
Wildfire Fallout: State of Emergency and Historic Evacuation of California’s Wine Country
Fires burning out of control in northern California prompted an historic evacuation in the state's famed wine country, razed homes, shuttered freeways and prompted the governor to declare a state of ...
Limit Referral Hiring, Reduce Workplace Bias
Leaders looking to hire new employees have long used referrals to get the job done. But in an age when corporations are more sensitive and aware of the need to reduce bias in the workplace, limiting ...
UK’s Johnson Seeks End to Neverending Brexit With Dec. 12 General Election
U.K. Prime Minister Boris Johnson will seek a general election on Dec. 12, setting up a national vote on his Brexit strategy. Johnson briefed his cabinet on Thursday afternoon and announced that a ...