Reinsurance
Executives On The Move at Liberty Mutual and Crawford & Co.
A division of Liberty Mutual Insurance announced a major promotion. Crawford & Company said that its president, UK & Ireland will be retiring, and his replacement has been named.
Millennials Win the Prize at Multitasking
Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people ...
European Insurers Are Having a Tough Time
European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies' exposure to Asia are making ...
Hurricane Dorian Gains Strength as Florida Braces for Impact
Hurricane Dorian is expected to suck powerful fuel from the warm waters off the Florida coast, swelling into a dangerous Category 4 storm in the coming days before it slams into the state early next ...
Expect $2-$3B In Annual Industry Losses From Japan Quakes: KCC
For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a more devastating quake that happened 72 years earlier could bring $225 billion ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...
Puerto Rico, U.S. Virgin Islands, Florida Coast at Risk From Hurricane Dorian
Tropical Storm Dorian has been upgraded to a hurricane as it heads toward Puerto Rico with torrential rains. It's expected to gain strength and become the first major hurricane to hit Florida's east ...
Tropical Storm Dorian Could Reach Hurricane Strength Before Reaching Puerto Rico
Tropical Storm Dorian is expected to strengthen, potentially approaching hurricane status by the time it gets to Puerto Rico Wednesday, but it won't pack the same punch as other storms in recent ...