Reinsurance
UK Minister Asserts Future Governments Can Change Brexit Terms
British voters will be able to change the terms of the country's relationship with the European Union after leaving the bloc if they don't like the final Brexit deal, senior cabinet minister and ...
Paris Climate Change Pact Lives On Under Macron’s Leadership
French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At ...
Swiss Re CFO Cole Will Step Down; Dacey to Replace Him
Swiss Re's group chief financial officer is stepping down, and the reinsurer is promoting from within to replace him. John Dacey, currently group chief strategy officer, will become group chief ...
Deal Struck to Begin Brexit Divorce Negotiations
The U.K. and the European Union struck a deal to unlock divorce negotiations, opening the way for talks on what businesses are keenest to nail down -- the nature of the post-Brexit future. The deal, ...
Lloyd’s of London Proceeds With Brexit Plans in Quest for Certainty
Lloyd's of London will press ahead with plans to establish a foothold in the European Union regardless of progress in EU divorce talks that industry groups said was welcome but did little to dispel ...
2018 Prediction: U.S. P/C Industry Will Take Time to Recover From 2017 Catastrophes
Property/casualty insurers in the U.S. will rebound in 2018 from the late-2017 onslaught of hurricanes and wildfires, but it will take a while to return to "significant underwriting profits," Fitch ...
XL Group Estimates $250M in Q4 Losses: Calif. Wildfires to Blame
XL Group disclosed preliminary natural catastrophe pre-tax loss estimates of approximately $250 million for the 2017 fourth quarter, stemming largely from wildfires in Northern California. The parent ...
Executives On The Move at Chubb, Aspen, Neon and Bold Penguin
Chubb is bringing on a new lobbyist. Aspen Insurance Holdings Ltd. appointed a Group chief operating officer. Neon, a specialist Lloyd's insurer, hired a veteran industry executive to fill a ...