Reinsurance
For Insurers, Thunderstorm and Hurricane Losses Leave Equal Financial Impact
Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the past decade, severe convective storms have been the largest annual aggregated ...
P/C Insurers, Reinsurers, Saw 2016 North America Operating Earnings Decline
Property/casualty insurer and reinsurer operating earnings in North America dipped in 2016, hammered by factors including higher catastrophe losses, low investment yields and underwriting ...
EU Will Crack Down on States Luring Brexit-Impacted Businesses From UK
The European Commission is seeking to crack down on states using regulatory shortcuts to lure business from Britain and said on Tuesday it is considering a more powerful securities watchdog to ...
UK May Leave Brexit Talks Prematurely, EU Officials Warn
European Union officials are calling for the bloc to prepare for the U.K. to walk out of Brexit talks without a deal, according to a private memo and people familiar with the discussions. At a ...
Insurers, Reinsurers Key to Addressing $2.1 Trillion U.S. Infrastructure Spending Gap
With a U.S. infrastructure investment gap of nearly $2.1 trillion looming over the next decade, insurers and reinsurers may be key to help closing it, Swiss Re asserts in a new report. "The U.S. ...
Warm Arctic Temperatures Will Lead to More Extreme Weather
Unusually warm weather in the Arctic is helping shift weather patterns this year from North America to the Middle East, after global warming shattered records in 2016, according to the World ...
Hannover Re Boosts Access to London Market With Argenta Holdings Acquisition
Hannover Re has agreed to acquire the UK holding company Argenta Holdings plc, a purchase that gives it a Lloyd's syndicate plus additional access to international and London Market business. Neither ...
European Reinsurance Buying Continues to Increase, But at a Slower Pace: A.M. Best
The 20 largest European cedants have continued to buy more reinsurance as soft market conditions prevail, although the pace at which retention ratios are falling has been more subdued, according to a ...