Reinsurance
Executives On The Move at AXIS, BHSI and The Hanover
AXIS Capital Holdings appointed a new leader of divisions that handle business in Ireland. Berkshire Hathaway Specialty Company expanded its leadership team in Dubai with a number of executive and ...
UK PM May Appeals to EU for Brexit Goodwill
Prime Minister Theresa May will call on the European Union to show "goodwill and determination" to avoid a disorderly Brexit, urging them to get behind Britain's offer of a "fair arrangement," a ...
Insurers Globally Are Upbeat About Taking on More Investment Risks
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment adviser BlackRock. Almost half (47 ...
Hurricane Florence Shuts Down Slaughter Plants, Damages Hog Manure Pits
U.S. food companies kept slaughter plants shut on Monday in southeastern states swamped by Hurricane Florence as catastrophic flooding killed nearly 2 million chickens, collapsed the walls of at ...
Marsh & McLennan Will Grab JLT for $5.7B; Deal Boosts Consulting Capacity
Marsh & McLennan Inc. agreed to buy Jardine Lloyd Thompson for about 4.3 billion pounds ($5.7 billion) to expand its global offering of reinsurance and consulting services, adding to the frenetic ...
Hurricane Florence’s Flood Focus Lowers Insured Loss Estimates
Once Hurricane Florence made landfall in North Carlina on Sept. 14, its lower wind speed and sluggish pace made it much more of a flood event than a wind one. As a result, modelers and other experts ...
London Mayor, Critical of Brexit Negotiations, Calls for Second Referendum
London mayor Sadiq Khan has called for another referendum on Britain's European Union membership, saying the prime minister's handling of Brexit negotiations had become "mired in confusion and ...
Typhoon Mangkhut Wreaks Havoc in the Philippines, Hong Kong, Mainland China
The cleanup from Typhoon Mangkhut began in Hong Kong and southern China on Monday after the storm left at least four dead in Guangdong province, damaged buildings and disrupted flights throughout the ...