Reinsurance
EU Reportedly Mulling Legal Declaration to Help May Sell Brexit Deal
European leaders will consider going at least some way to giving Theresa May what she's asking for to sell her Brexit deal at home. At a summit on Thursday, they were set to discuss publishing a new ...
Latest California Wildfires Have Produced More Than $9B in Insurance Claims
Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state ...
The Latest Launches From Sompo International and Nationwide
Sompo International Holdings said it is boosting its cyber insurance capacity through the launch of a new U.S. team focused on the risk as well as a number of new products and services. Nationwide is ...
AXIS Gains S&P Outlook Upgrade, as Strategic Initiatives Elicit Support
AXIS Capital Holdings won an outlook upgrade from Standard & Poor's Global Ratings as well as an affirmation of its other ratings, thanks to growing confidence in its various strategic ...
U.S., Britain Sign Post-Brexit Covered Agreement for Insurance
The U.S. Treasury and U.S. Trade Representative's office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty ...
Sweden’s Wildfires Just One Sign of Growing European Climate Disaster
Hannele Arvonen, the owner of one of Sweden's largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the ...
Brexit Will Cause ‘Slow Puncture’ of Britain’s Financial Sector
Life in London's financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centers like Paris, ...
BHSI Pulls Out of Hong Kong Employees’ Compensation Terrorism Pool
Berkshire Hathaway Specialty Insurance Co. disclosed it has withdrawn from the Hong Kong Employees' Compensation (EC) terrorism pool. BHSI claims to now be the first insurer in Hong Kong to provide ...