Reinsurance
No-Deal Brexit Will Be Unstoppable: Johnson’s Top Aide
Lawmakers will be unable to stop a no-deal Brexit on Oct. 31 by bringing down Britain's government in a vote of no confidence next month, Prime Minister Boris Johnson's top aide has advised, ...
Higher Claims Dampen Berkshire Hathaway’s Insurance Underwriting Profit
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the ...
Persian Gulf Liability Risks Force BP to Avoid Sending Tankers
BP Plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the region after ...
Chubb’s Andrade to Become Everest Re Group’s CEO in Early 2020
A former Chubb executive is slated to become Everest Re Group's new leader by early 2020. Juan Andrade is initially joining the Bermuda-based reinsurer as chief operating officer on Sept. 1, 2019. ...
11 InsurTech Startups Join Lloyd’s Innovation Accelerator Program
Eleven new InsurTech startups are joining Lloyd's of London's innovation accelerator program. More than 130 applications came in from across the world for the third cohort of the Lloyd's Lab, its ...
Satellite Crash Will Send Space Insurance Costs Rocketing
Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 ...
Swiss Re Hit With Ethiopian Airlines, MAX and Natural Catastrophe Claims
Swiss Re's first-half net profit fell 5.3 percent, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. ...
Talk to Yourself First Before Chatting With a Boss With Whom You Disagree
It goes without saying that executives and employees alike don't always agree with their bosses, a reality that can lead to anger and resentment. A new blog posting suggests employees should talk to ...