Reinsurance
Hurricane Barry Produced Nearly $300M in Insured Losses: Karen Clark & Company
Hurricane Barry fizzled quickly into a tropical storm, but the weather event generated nearly $300 million in insured losses, according to the catastrophe modeling firm Karen Clark & Company. KCC ...
Insurers Will Drastically Boost Spending on Robotic Process Automation: Study
Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...
EU Braces for the UK’s Boris Johnson, Preparing for a No-Deal Brexit or Another Delay
The European Union is bracing for either a no-deal Brexit or another delay if Boris Johnson becomes Britain's prime minister next week with a pledge to renegotiate a deal the bloc says it will not ...
‘The Future at Lloyd’s’ Revamp Effort Elicits Sizable Stakeholder Feedback
When the 10-week consultation period for "The Future at Lloyd's" project ended last week, Lloyd's confirmed that participation was widespread, with more than 4,000 suggestions and comments received ...
Storm Barry, No Longer a Hurricane, Dumps Dangerous Amounts of Rain on U.S. Southeast
The remnants of the once mighty storm Barry, the first hurricane of the 2019 season, dumped dangerous amounts of rain as it crawled north through the United States on Monday after coming ashore west ...
Going to Monte Carlo for the Rendezvous? What’s It Like?
Have you been to the Reinsurance Rendezvous in Monte Carlo? What would you tell someone thinking of going for the first time about the experience? Carrier Management is looking to compile stories and ...
Shareholder Meetings More Receptive These Days to Climate Change Agenda
Climate activists found companies more receptive to steps like cutting emissions or buying clean power this year, a new tally of shareholder resolutions shows, a trend proponents said undercuts the ...
California Creates $21B Fund for Utilities to Cover Future Fire Liabilities
For a leader with grand ambitions of tackling big issues from health care to taking on President Donald Trump, California Governor Gavin Newsom has spent much of his first six months in office bogged ...