Reinsurance
Guy Carpenter Suspends Two Over Email Harassing Incident
A Lloyd's of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding ...
Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf
Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...
The Latest Launches From Zurich and Everest Insurance
Zurich has a new hurricane deductible buy-back program. Everest Insurance expanded its workers compensation capabilities for the marine industry. *** Zurich has launched Cat4Home, a new hurricane ...
Consortium Launches Effort to Better Understand Insurance Industry Issues, Opportunities for Women
A wide-scale effort is launching that is designed to develop better understanding of issues and opportunities for women in the insurance industry. The Million Women Mentors' Women in Insurance ...
Executives On The Move at AXIS Re, BHSI and W.R. Berkley Corp.
AXIS Re hired a new executive to help manage its Lloyd's operations. Berkshire Hathaway Specialty Insurance appointed a Chubb veteran to run its expanded operations in Australia. A veteran executive ...
EU Claims to Be Ready for No-Deal Brexit on Oct. 31, Despite Undesirability
The European Union said it's ready for the U.K. to leave the bloc without a deal and isn't planning any further contingency measures. In a progress report on its no-deal Brexit planning, the European ...
The UK’s Legal & General Teams With Amazon on First Pensions Blockchain Deal
British insurer Legal & General has teamed up with Amazon to establish what it said is the first blockchain system for corporate pension deals. The insurer said it would use a managed blockchain ...
California Wildfire Risks Rise as Heat Climbs and Power Surges Proliferate
An unrelenting heat already frying California is threatening to send temperatures to record levels across the western U.S. this week, raising the risk of wildfires and propelling electricity prices ...