Reinsurance
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...
Hamilton Insurance Group Reorganizes Lloyd’s Underwriting Operations
Hamilton Insurance Group said it has reorganized a key underwriting team involving its Lloyd's operations after the departure of two executives. Hamilton Underwriting Ltd.—the managing agency of ...
Finding Qualified Insurance Employees Remains a Challenge Even as Hiring Stabilizes
Fifty-eight percent of insurance companies plan to increase staff during the next 12 months, in part due to an expected increase in business and new markets, according to the Semi-Annual U.S. ...
AXIS’ A.M. Best Outlooks Revised to Negative; Struggling Insurance Arm Blamed
AXIS Capital Holdings' money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based carrier to negative from stable, based largely on its ...
Prudential Financial Will Buy 13.1% Stake in Peak Re
Prudential Financial is buying a 13.1 percent stake in Hong Kong-based reinsurer Peak Reinsurance Co. Ltd. The deal is taking place through a wholly owned subsidiary of Prudential Financial Inc. ...
Brexit Risks Making London Lose Ground to New York as Global Financial Center
The U.K.'s exit from the European Union will be a watershed moment for the City of London and weaken its role as one of the world's leading financial centers, Bundesbank Executive Board Member ...
‘Hyper-Learning’ Could Be Good Tool to Rapidly Transform Your Company
Hyper-learning — the process of continuously learning and unlearning — is a way to help transform companies and other large organizations trying to adapt in the Digital Age, a University of ...
Commercial Property Rates Rising by Double Digits: Willis Towers Watson
Commercial property insurers are pursuing double-digit rate hikes in the wake of 2017's historic natural catastrophes and the $143 billion in global estimated insured losses they caused. But ...