Reinsurance
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 ...
U.S. Tax Cuts Will Test Bermuda’s Insurance/Reinsurance Model: Fitch
The Bermuda insurance/reinsurance model will be tested following U.S. tax forms and the continuing challenges of competitive market conditions, according to a report by Fitch Ratings. The cut in the ...
Aspen Insurance CEO Postlewhite Out, Cohen In; Q4 Underwriting Losses Disappoint
The head of Aspen Insurance has departed the company, a day after an announcement of disappointing preliminary Q4 financial results. CEO Stephen Postlewhite is departing immediately, Aspen said on ...
With Climate Change, Uninsurable Basements Are in New York and Mumbai’s Future
Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe's largest insurers said. "If you go much further to ...