Reinsurance
Brexit Crisis Worsens: May Resigns and Johnson Pursues Party Leadership
Fighting back tears, Theresa May said on Friday she would quit after failing to deliver Brexit, setting up a contest that will install a new British prime minister who could pursue a cleaner break ...
Expect Up to 8 Hurricanes During the 2019 Atlantic Hurricane Season
As many as 8 hurricanes may form in the Atlantic in 2019, a "near normal" season following two years of storms that have left a trail of death and destruction in the Caribbean and U.S. coast. Nine to ...
Positive Progress for the Inland Marine Insurance Segment: A.M. Best
The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to ...
Federal Terrorism Reinsurance Program Is Keeping Market Stable: Marsh
The long-term viability of the U.S. property terrorism insurance market is back in the spotlight as Congress looks at renewing the federal reinsurance backstop, the Terrorism Risk Insurance Program ...
Bankrupt California Utility Allowed to Establish a $105M Wildfire Victim Fund
PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge ...
Executives On The Move at BHSI and Armour Group
Berkshire Hathaway Specialty Insurance promoted a veteran executive to run its North America Casualty Construction business. Amour Group named a Lloyd's of London veteran to become its latest group ...
Beware of All the Added Risks That 5G Mobile Networks Will Bring: Swiss Re
Insurers and reinsurers alike should be wary about risks stemming from the new 5G mobile networks now being installed around the world, Swiss Re warns in its bi-annual SONAR report. You've heard ...
Who Is Winning the Brexit Cyber War? The UK’s Nigel Farage
Nigel Farage's newly-created Brexit Party is threatening to wipe out Theresa May's Conservatives in the European Parliament elections. One reason behind the Farage surge in the polls may be his ...