Reinsurance
For Insurers, New Calif. Data Protection Regulation Offers ‘Tremendous’ Opportunity
More than a year after The General Data Protection Regulation (GDPR), a regulation in EU law on data protection and privacy for all citizens of the European Union, was implemented in May 2018, some ...
A Fading El Nino Could Trigger a Busier Hurricane Season
Government meteorologists say this year's hurricane season may be busier than initially expected now that summer's weak El Nino has faded away. The National Oceanic and Atmospheric Administration's ...
Lloyd’s, London Markets Exceed Q2 Electronic Placing Targets
More than half of in-scope market risks were placed electronically in the London and Lloyd's markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other ...
The Coming Talent War Over Millennials and Their Transformational Skills
By as early as 2025, as much as 75 percent of the global workforce could be millennials, and they will bring a whole new set of demands and expectations to the modern workplace. Importantly, they ...
California Utility Loses $2.6B Due to Wildfires and Bankruptcy
PG&E Corp., the bankrupt California utility giant, reported a $2.6 billion second-quarter loss and said it expects more charges this year tied to wildfires that devastated the state in 2017 and ...
Companies Can Attract Millennials by Helping Repay Their Student Debt
Like millions of her peers, Nicole Read graduated with thousands of dollars of debt. Unlike most of them, she's getting direct help from her employer to pay it back. The 26-year-old's job at event ...
Executives On The Move at Fairfax Financial Holdings, Travelers and Alliant Insurance Services
Fairfax Financial Holdings Ltd. appointed a new chief financial officer. The Travelers Companies, Inc. named two executives as Co-Chief Investment Officer. Alliant Insurance Services hired an outside ...
AIG CEO Duperreault ‘Encouraged’ by Hardening Market, Talks Operational Overhaul
AIG President and CEO Brian Duperreault said that the evolving, hardening market is sustainable and dovetailing nicely with the insurer's ongoing efforts to shed excessively risky business. "We are ...