Reinsurance
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 ...
Hamilton Will Buy Liberty Mutual’s Pembroke Managing Agency, Ironshore Europe DAC in ‘Transformative’ Deal
Hamilton Insurance Group announced it will acquire Liberty Mutual's Pembroke Managing Agency at Lloyd's and its Ironshore Europe DAC business – a move that will double its premium volume and size. ...
Marijuana Coverage Opportunities Growing for Carriers, Despite Ongoing Risks: A.M. Best
Marijuana is a growing opportunity for insurers across the United States as moves to legalize the drug have expanded across the country. But there are still a number of risks in play that could limit ...
RenRe Hopes to Close Tokio Millennium Re Acquisition ‘As Soon as Possible’
RenaissanceRe Holdings said it plans to close its $1.5 billion purchase of Tokio Millennium Re "as soon as possible," now that all of the necessary regulatory approvals are in place. In October, ...
Executives On The Move at Zurich, Sompo International and Hiscox USA
Zurich Canada has a new head of property. A veteran of AIG's Lexington Insurance Company joined Sompo International Holdings Ltd. as a senior vice president. Hiscox appointed a new head of Product ...
The Latest Launches From Aon and Swiss Re
Aon is partnering with an InsurTech to help insurers evaluate their portfolio risks by way of a wildfire risk model using artificial intelligence. Swiss Re has launched new parametric insurance cover ...