Reinsurance
Catastrophes Give Insurers a Chance to Show Their Humanity, Says W.R. Berkley’s CEO
The aftermath of Hurricane Michael and other catastrophes this fall gives insurers a chance to show that they care about more than just numbers, W.R. Berkley's president and CEO said. "Hopefully this ...
UK Attorney General Is Latest Hurdle to a Brexit Deal
When Theresa May promoted a little-known, pro-Brexit lawyer to be attorney general in July, she hoped he would be the right man to take on the legal complexities of the U.K.'s divorce talks with the ...
New Mortgage Bond Offerings Minimizes Hurricane Risk Even When Storm Strikes
Hurricane Florence damaged some 30 Invitation Homes Inc. residential properties when it walloped the Carolinas in September, but that hasn't kept the houses out of a new mortgage-backed securities ...
Executives On The Move at W.R. Berkley Corp. and AXIS Capital Holdings
W.R. Berkley Corp. promoted two executives: one within its Berkley Public Entity arm and the other at its Admiral Insurance Unit. AXIS Capital Holdings Ltd. appointed an executive to its board of ...
Munich Re Closes Acquisition of IoT Startup That Helps Companies Pursue ‘Digital Transformations’
Munich Re has closed its acquisition of relayr, an Internet of Things-related software company in which it had initially invested in 2016. The acquisition, through Munich Re subsidiary Hartford Steam ...
Hurricane Maria Aftermath: Carriers Leave 13,600 Unresolved Claims a Year After Storm
Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of ...
Chubb CEO Greenberg: New Lloyd’s Leader Neal Has His Work Cut Out for Him
Chubb President and CEO Evan Greenberg offered positive words about new Lloyd's of London CEO John Neal, though he cautioned that the venerable insurance marketplace has a long way to go to address ...
Reinsurance Backed by ‘Alternative’ Capital Is Now Mainstream: Willis Towers Watson
The insurance-linked securities (ILS) market is here to stay, said a new survey from Willis Towers Watson. End investors, ILS funds, and buyers – the three groups active in ILS – have ...