Reinsurance
Brexit Business Opportunity: More Deals in Legacy General Insurance Policies
Britain's impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy up and manage policies closed to new customers. Whether Britain ...
Could Your USB Cable Connect You to Hackers? — and More CM Risk Alerts
Some of the technology meant to help in your daily life may be hurting you as well. A modified USB cable could leave you connected to the bad guys. Your virtual assistant may be opening the backdoor ...
Reinsurers Look at Cyber’s Massive Growth Possibilities—With Caution
Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and ...
Executives On The Move at BHSI and Marsh & McLennan
Berkshire Hathaway Specialty Insurance hired veteran executives from RSA, Chubb and Allianz to fill three key leadership positions in Madrid. Marsh & McLennan made executive appointments in two ...
J&J Offers $4B to Settle Opioid Claims; Distributors Agree to Pay $18B
Johnson & Johnson has offered to pay $4 billion to settle all claims accusing the company of helping fuel the U.S. opioid epidemic, as part of a potentially larger deal involving drugmakers and ...
UK, EU Forge Brexit Deal, but Obstacles Remain
Negotiators from the U.K. reached an agreement with officials in Brussels Thursday that could pave the way for Britain to finally break 46 years of ties with the European Union. But Northern ...
Coal and Oil Are Passé in AXIS Capital’s New Clean Energy Policy
AXIS Capital Holdings Ltd. won't insure, invest in or provide insurance or reinsurance for new coal plants or oil pipeline as part of an initiative designed to reduce climate risks and support the ...
Deadly Los Angeles Wildfire Started Near Electrical Utility Transmission Tower
A deadly wind-driven wildfire that raged across the northern edge of Los Angeles last week started near the base of high-voltage transmission tower owned by electric utility Southern California ...