Reinsurance
Unexpected UK Election Could Strengthen May’s Brexit Negotiating Position
U.K. Prime Minister Theresa May won by a landslide the approval she wanted for a June 8 snap election as she seeks to strengthen her mandate ahead of Brexit negotiations. Lawmakers in the House of ...
Swiss Re Set to Launch Singapore Sub in ’18 Strengthening Asia Commitment
Swiss Re plans to launch in 2018 a subsidiary in Singapore, which will become the company's regional headquarters for its reinsurance operations in Asia. The company, Swiss Re Asia, will be wholly ...
The Latest Launches From Grinnell Re and CNA
Grinnell Re is expanding with the launch of a new national reinsurance program. CNA is rolling out a number of new Aging Services general liability, professional liability, employee benefits ...
Cyclone Debbie Cost P/C Insurers $1.3B, Swiss Re $350M
Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world's second-biggest reinsurer said on Thursday, an unusually high loss that could see ...
Executives On The Move at AXIS, Great American and Crawford & Co.
AXIS Capital Holdings is hiring a former XL Catlin executive in an international leadership role. Great American Insurance Group promoted an executive to lead its Property & Inland Marine ...
The Latest Launches From Farmers, ISO/Verisk and More
Farmers Insurance is expanding into more states with a billing product designed to make the workers compensation coverage process easier for small businesses. ISO launched an interactive dashboard ...
Cat Bond Issuance Hit $2.3B in Q1 as Market Habits Shifted: PCS
Catastrophe bond issuance reached $2.3 billion in the 2017 first quarter, a record level that landed slightly higher than the same period a year ago, the Property Claims Services Unit of Verisk ...
Congress Passes Bill to Boost National Weather Service Forecast, Storm Warning Research
The National Weather Service would have to boost research – including some from private companies – to improve forecasts and storm warnings under a bill headed to President Donald trump's desk. ...