Reinsurance
EU Must Guard Against UK Seeking Post-Brexit Regulatory Edge: Merkel
German Chancellor Angela Merkel said the European Union needs to guard against the U.K. gaining an economic edge by easing regulation when it leaves the bloc. On day one after Brexit, the U.K. will ...
Executives On The Move at XL Catlin, Allied World and JLT Re
Executives from AIG and Zurich will fill two leadership slots in XL Catlin's Canadian Environmental Insurance Team. Allied World appointed a new assistant vice president for property in Australia. ...
Avoiding Birds Is Big Focus of Amazon’s Delivery-Drone Research
Amazon.com Inc.'s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started ...
Post-WannaCry Risks: Lawsuits Over Lax Cyber Attack Protection
Businesses that failed to update Microsoft Windows-based computer systems that were hit by a massive cyber attack over the weekend could be sued over their lax cyber security, but Microsoft Corp. ...
The Latest Launches From The Hartford, SOMPO Holdings and AXA
The Hartford debuted a new risk management information system to help large commercial customers at highest risk for loss. Two divisions of Sompo Holdings are launching a natural catastrophe risk ...
Group That Leaked ‘WannaCry’ Ransomware Attack Tools Threatens Release of More Malicious Code
Governments turned their attention to a possible new wave of cyber threats on Tuesday after the group that leaked U.S. hacking tools used to launch the global WannaCry "ransomware" attack warned it ...
Soft Global Reinsurance Pricing in Play Through Year’s End: Fitch
The soft pricing in the global reinsurance market will continue at least for the rest of the year, Fitch Ratings says. Fitch expects premium rates to continue declining as a result of large amounts ...
Warren Buffett’s Berkshire Hathaway Sells Fox Shares, Boosts American Airlines Stake
Warren Buffett's Berkshire Hathaway Inc on Monday said it added to its sizable investments in American Airlines Group Inc and Southwest Airlines Co, and shed its stake in Twenty-First Century Fox ...