Reinsurance
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 ...
AXA Extends Climate Change Policy to Newly Acquired XL Division
AXA, France's biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global ...
California Utility Won’t Escape Wildfire Liabilities With Option It Seeks
PG&E Corp., suspected of starting California's deadliest wildfire, may soon get help from state lawmakers -- just not the help it most wants. As early as Dec. 3, a lawmaker plans to introduce a ...
EU Leaders Endorse May’s Brexit Deal, Urge UK Parliament to Also Approve
European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to ...
Global Property, Mortality Protection Gap Hits $500B: Swiss Re
Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re's latest sigma study. Swiss Re's report said that the figure illustrates increasing ...
AXA XL Advances Alternative Capital Biz by Buying 100% of New Ocean
AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. New Ocean is ...
Brexit Turmoil Increases Likelihood of Widespread UK Business Interruption Risks
British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a ...