Reinsurance
Insurers See Opportunity With Quick-Paying Parametric Disaster Insurance for Public Sector
Some of the world's largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The ...
Executives On The Move at BHSI, Liberty Mutual and TigerRisk
A former Pembroke Managing Agency executive joined Berkshire Hathaway Specialty Insurance to run its new Transactional Liability Insurance operations in Asia and the Middle East. Liberty Mutual ...
The Latest Launches From AXA XL and Everest Insurance
AXA XL's North America marine insurance business added to its inland marine coverage. Everest Insurance revamped its Multinational coverage form. *** AXA XL's North America marine insurance business ...
Carrier Lobbyists Argue Tax to Fund Wildfire Prevention Would Harm Insurance Consumers
Lobbyists for the property/casualty insurance industry are trying to prevent a $125 million jump in Washington's insurance premium tax that would fund wildfire prevention and suppression. The tax ...
A Catastrophic Wildfire Fund Is Under Serious Consideration in California
Creation of a catastrophic wildfire risk pool is emerging as the most likely option as California lawmakers seek to protect the solvency of investor-owned utilities from record payouts for fire ...
Finance Companies in the UK Make Little Progress in Reducing Gender Pay Gap
Women working in the U.K.'s financial-services industry are seeing little improvement in their pay parity with male colleagues, according to the latest batch of disclosures as this year's reporting ...
Executives On The Move at Munich Re U.S. and Starr Insurance Companies
A former Hiscox executive is joining Munich Re America to be chief operating officer for Munich Re Specialty Insurance, a new commercial insurance unit in North America. Starr Insurance Companies ...
Insurance Claims in U.S. Renewable Energy Market Are on the Rise
The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark ...