Reinsurance
California Wildfire Victims Balk at Utility’s Plan to Cap Payments
PG&E Corp's plan to cap payments to victims of California wildfires blamed on the power producer is "totally unacceptable," a lawyer representing victims in the utility's bankruptcy case said on ...
On-Demand Cat Models: Xceedance, Oasis LMF Team Up
Xceedance, a global provider of insurance consulting, managed services, technology, data sciences and blockchain solutions, announced on Sunday that it is teaming up with the Oasis Loss Modelling ...
Top 25 Non-Life Reinsurers: Munich Re Leads A.M. Best Ranking
Munich Re tops a ranking of global non-life reinsurers, eclipsing Swiss Re by more than $2.5 billion in gross premiums on a list extracted from an A.M. Best analysis. The rating agency's special ...
Reinsurance Industry Continues Dabbling With Technology, But It’s Time to Dive In
If you look at the history of technology, a huge new trend has completely transformed a business sector every 10-15 years. However, usually the introduction of a new digital development is ...
The Latest Launches From Coalition, Liberty Mutual/Ironshore and Aon
Coalition launched an incentive program designed to encourage policyholders to implement cyber attack mitigation known as MFA. Liberty Mutual's Ironshore Environmental is introducing a smartphone app ...
Updated Hurricane Dorian Insured Loss Estimates Calculated for U.S., Caribbean
Hurricane Dorian may be history, but catastrophe modeling firms are still calculating insured losses for damage the storm inflicted on the U.S. and Caribbean region. Karen Clark & Co. issued an ...
Executives On The Move at Liberty Mutual and The Hartford
Liberty Mutual promoted a veteran employee to the position of chief underwriting officer, North America, for its Global Risk Solutions unit. The Hartford appointed a new chief human resources ...
Benefits Abound With Investments in Climate Change Adaptation
Investing $1.8 trillion between 2020 and 2030 in projects to help communities adapt to the worsening impacts of climate change could yield $7.1 trillion in economic benefits, according to a report ...