Reinsurance
PartnerRe Reorganizes Property & Casualty Arm Into 3 Regional Units
PartnerRe plans to reorganize its Property & Casualty arm into a regional structure and will make several changes to its executive leadership team as part of that process. Effective April 1, ...
UK Likely to Vote for Brexit Postponement After May’s Deal Rejected Again
U.K. Prime Minister Theresa May's Brexit deal was rejected once again by Parliament, throwing the country deeper into political crisis and raising the prospect that the divorce will be delayed or ...
Boeing Shareholders Endure Stock Market Plunge as More Countries Ground 737 MAX 8 Planes
Boeing Co's fall in stock market value this week soared past $20 billion on Tuesday as more countries including the United Kingdom grounded the plane maker's 737 MAX 8 aircraft following Sunday's ...
Insurance Rates Could Climb in Flood-Prone Areas Under Trump Administration Plan
Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is ...
Executives On The Move at BHSI, Root Insurance and Lockton
Veteran executives from AXA and Zurich Insurance are joining Berkshire Hathaway Specialty Insurance to handle some of its business in the UK and Ireland. Root Insurance hired a veteran campaign ...
China Re Rolls Out Lloyd’s-Based Renewal Energy Consortium
China Re Corp. is launching a renewable energy consortium at Lloyd's, with a focus on project-specific reinsurance for the construction and operation of offshore wind farms in mainland China. China ...
Argo Group Shareholder Angry Over ‘Wasteful Culture’ Releases Names of Board Nominees
Argo Group shareholder Voce Capital Management is upping its pressure against the company, accusing it of failing to address any recent concerns raised about the alleged corporate excesses under CEO ...
U.S. Reviewing 5G Security Over Hacking Concerns, Huawei Worries
The Department of Homeland Security is conducting a broad review of risks posed by 5G technology, officials said, as the U.S. grapples with concerns about the new network's vulnerability to hacking ...