Reinsurance
Lloyd’s of London Prepares for ‘Sobering’ Results From Workplace Culture Survey
Lloyd's of London expects "sobering" results from a survey of the workplace culture at its member firms, the insurance market's chairman said on Wednesday as a rise in investment income drove a ...
Arch, Marsh Debut Protection for Digital Asset Private Keys
Arch Insurance (UK) Ltd. and the broker Marsh have launched new insurance protection designed to address the secure storage of digital asset private keys held in traditional vault facilities. The ...
Humberto Strengthens to Hurricane, Heads to Bermuda
Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph, according to Weather.com meteorologists in a report issued on Sept. 15. The ...
California Wildfire Season Begins With Return of the Santa Ana Winds
The Santa Ana winds have returned to California, a signal to the state's residents that the wildfire season has begun in earnest. The winds are created by high pressure over Nevada's Great Basin as ...
Reith Will Step Down as Neon Group CEO, but Remain as Board Member
Neon, a Lloyd's specialist insurer, said that its Group CEO Martin Reith is stepping down from running the company. Reith will make the transition on Sept. 30, though he'll remain a member of the ...
Tokio Marine Kiln Names New CEO and Enacts Other Leadership hanges
Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad ...
California Utility Reaches $11B Settlement Over Wildfire Claims
California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% percent of insurance subrogation claims relating to 2017 and 2018 ...
Risk Alert: Is Water Making Us Fat?
Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...