Reinsurance
Carriers Will Increasingly Turn to the Cloud in 2019: Deloitte Prediction
Insurers are poised to increasingly embrace the cloud and related technologies in 2019, according to predictions Deloitte makes in a new report. Deloitte argues that for the insurance industry, an ...
Expect at Least $2.5B in Insured Losses From Calif. Woolsey Fire: AIR Worldwide
Catastrophe risk modeling firm AIR Worldwide estimates at least $2.5 billion in insured losses from the Woolsey Fire in Southern California. AIR said that its estimate of insured losses is based on ...
UK Trade Secretary Urges Colleagues to Back Brexit Deal or Be Trapped in EU Forever
U.K. Trade Secretary Liam Fox, a veteran Brexit campaigner, told his colleagues to back Theresa May's divorce deal or risk trapping the country in the European Union. Speaking in a Bloomberg ...
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit
AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address "borderless risks." Dan Trueman has ...
Experts Predict Another Short-Term Renewal for National Flood Insurance Program
With the clock ticking on the National Flood Insurance Program's authorization that is set to run out this Friday, Nov. 30, Congress is expected to renew the program short-term by taking one of ...
PG&E Declined to Cut Power During Windstorm as California Wildfire Ramped Up
In the days before California's deadliest wildfire erupted near a PG&E Corp. power line during a windstorm, the company kept a close eye on the weather, warned customers it might shut off ...
Executives On The Move at Hamilton Re and TigerRisk
Hamilton Re promoted a veteran executive to handle its casualty & specialty operations. broker TigerRisk Partners LLC hired an outside executive to lead one of its key divisions.
Climate Change Talks Scheduled to Begin With Backdrop of Intense Political Divisions
Divisions within Europe and tension between the United States and China pose major challenges to the next round of United Nations talks on climate change. The most important U.N. climate conference ...
The Latest Launches From Aon and LexisNexis
Aon said it has started offering coverage designed to protect income streams for companies with lots of intangible assets, such as firms in the gig economy. LexisNexis is releasing a new data score ...