Reinsurance
Brexit in Disarray After Maneuver by Speaker of Parliament
Prime Minister Theresa May's Brexit plans were in disarray on Tuesday as her government sought to plot a way around a ruling by the speaker of parliament that she must change her twice-defeated ...
Trump Policy Shift on Flood Insurance Draws Cheers From Climate Advocates
Climate advocates say an overhaul of the nation's flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but ...
Devastating Floods in U.S. Plains States Tear Apart Homes, Businesses, Kill at Least Two
There was no let up in sight for devastating floods across the U.S. Central Plains states that have already killed two people, torn apart homes and businesses and cut off small towns, forecasters ...
Buffett’s Berkshire Hathaway: Vice Chairmen Jain, Abel Each Make $18 Million
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the ...
2018: A Big Year for U.S. P/C Insurers’ Net Income Results
U.S. P/C insurers' net income soared in 2018, thanks in part to premium increases, higher net investment income and fewer catastrophe losses, A.M. Best concluded in a new report. Industry net income ...
Boeing’s Success in Defeating U.S. Lawsuits Could Be Challenged by Ethiopia Crash
The crash of Boeing Co's 737 MAX 8 passenger jet in Ethiopia raises the chances that families of the 157 victims, even non-U.S. residents, will be able to sue in U.S. courts, where payouts are larger ...
EU Leaders Will Mull Pressing Britain for Long Brexit Delay
European Union leaders will consider pressing Britain to delay Brexit by at least a year to find a way through its domestic deadlock, the chair of next week's EU summit said on Thursday. "I will ...
Hamilton CEO Albo Credits Strategy, Excellent Timing as Leading to New Acquisition Deal
Strategy plus some remarkably good timing helped lead to Hamilton Insurance Group's first acquisition deal under the leadership of CEO Pina Albo. On March 14, Hamilton announced it would acquire ...