Reinsurance
More Flood Insurance Bills to Come after Two Advanced by House Committee
The House Financial Services Committee on Thursday passed two bills to reform the National Flood Insurance Program (NFIP). One is a broad reform proposal that seeks to encourage more private ...
UK Official Argues for New, Post-Brexit UK-EU Banking Regulatory Process
British and European Union banks need a new system to let them do business with each other after Brexit to avoid splitting markets, Britain's finance minister Philip Hammond said on Tuesday. Britain, ...
Cape Analytics Brings Cutting-Edge Property/Data Analytics Offerings to 8 More States
Cape Analytics, a startup that relies on machine learning, computer vision and geospatial imagery to produce propriety property data for insurance carriers and others, is expanding. After a start in ...
Insurers Say Duke Energy Knew About Coal Ash Risks, Which Negates Payment Obligation
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion dollar coal ash cleanup because the nation's largest electric company long knew about but did ...
Executives On The Move at Chubb, AXIS, BHSI and JLT Re
Chubb promoted an executive in its North American Insurance arm. AXIS Insurance is bringing on a former Zurich executive who will help expand its data/analytics capabilities. JLT Re named a new ...
Drought, Cloud Computing Top Swiss Re’s P/C Emerging Risks
Drought and cloud computing would not necessarily go together, but they do in the world of insurance risk. Swiss Re sees both as the greatest risks property/casualty insurers will face in the coming ...
Brexit Talks Begin; Britain Seeks ‘Special’ EU Ties
Brexit Secretary David Davis arrived in Brussels on Monday to launch talks he hoped would produce a "new, deep and special partnership" with the EU in the interest of Britons and all Europeans. ...
Executives On The Move at The Hartford and Hamilton Insurance Group
The Hartford promoted a long-time executive to become its new chief risk officer, succeeding another veteran leader who is retiring. Hamilton Insurance group promoted and added new responsibilities ...