Reinsurance
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 ...
Trump’s Proposed Flood Map Program Cuts Could Trigger Higher Insurance Rates
A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a ...
Reinsurers Seek to Boost Returns Through Tailored Business
Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect ...
UK PM to Pull Brexit Trigger on March 29; EU Will Make Nation Wait
The European Union signaled its intention to keep Theresa May waiting before engaging in negotiations over the U.K.'s exit from the bloc, in an early indication of how the British prime minister will ...