Reinsurance
Chubb Soars in 2017 Despite Catastrophe Cost Challenges
Chubb ended 2017 in relatively solid shape, challenged by wildfire-related catastrophe costs but buttressed by a one-time gain from the Trump tax cuts. The insurer booked $1.5 billion in net income, ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
Blame Global Warming for Recent U.S. Cold Snap Surges
Because the world is getting warmer, it's getting colder, too. Crazy as that sounds, there's an explanation in the northernmost corner of the the planet, where temperatures are rising twice as fast ...
Expect More (Near) Record Cat Bond Momentum in 2018: Aon Securities
Aon Securities believes that the record catastrophe bond issuance reached in 2017 is not necessarily a one-time deal. The firm said it predicts issuance will follow a similar momentum in 2018. ...
Despite Catastrophe Onslaught, Capital Market Still Bullish for ILS: Willis Towers Watson
The insurance linked securities sector is set for another year of growth as the market recovers from 2017's natural disasters, replaces lost capital and investors show mounting interest in ILS ...
Share Your Story: Sexual Harassment and the Workplace
From Hollywood to the corporate world, sexual harassment — the making of unwanted sexual advances or obscene remarks — is drawing greater public scrutiny than ever before. Victims (mostly women) ...
Lloyd’s CEO Beale Addresses Asia Growth, Cyber, Brexit During Bloomberg Interview in Davos
Lloyd's of London, the world's oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the ...