Reinsurance
Executives On The Move at BHSI and JLT Specialty USA
An insurance industry veteran of Chubb and Mitsui Sumitomo, among other companies, is joining Berkshire Hathaway Specialty Insurance Company to help launch its new Dublin office. JLT Specialty USA ...
UK Official: Brexit ‘Won’t Be Postponed or Delayed’
U.K. Chancellor of the Exchequer Philip Hammond said Brexit will still go ahead in March 2019 in spite of disagreements in Prime Minister Theresa May's cabinet over a transition period to help ...
Commercial Drone Startup Atlas Dynamics Raises $8M; Market Focus Includes Insurance Industry
A commercial drone startup based in Latvia with an eye, in part, on the insurance industry has raised $8 million in funding. Atlas Dynamics declined to disclose its specific investors, other than ...
Fosun International Leader Backs China Crackdown on Outbound M&A Deals
Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government's clampdown on outbound investments ...
Nobody Is Safe: Cyber Security Firm FireEye Says Researcher Got Hacked
Cyber security firm FireEye said on Monday one of its researchers based in Israel had several of his online accounts hacked by unknown attackers, but added the breach did not appear to involve any ...
AXIS Strategy Helps Produce Improved Q2 Combined Ratio
AXIS Capital Holdings Ltd. has plenty to crow about in its 2017 second quarter results. While its net income and net premiums written dipped, the Bermuda-based insurer and reinsurer saw substantial ...
ILS Issuance Landed at $6.3B in Q2, a Record
Insurance-linked securities (ILS) issuance reached a record-breaking $6.3 billion in Q2 2017, continuing the trend from the first quarter of the year, according to a report by Willis Towers Watson ...
EU Says Formal Brexit Talks Face Possible Delays; UK Disagrees
Talks between Britain and the European Union on their future relationship are now less likely to start in October, the EU's top negotiator has said, due to a lack of progress on Brexit divorce issues ...