Reinsurance
Brexit Aftermath: UK-Regulated Ship Insurers Eye Luxembourg, Cyprus Outposts
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial ...
Third Point Re’s John Berger to Give Up CEO Slot, Remain as Board Chair
Third Point Reinsurance Chairman and Chief Executive Officer John Berger plans to step down as CEO on March 1. His designated replacement: Robert Bredahl, the reinsurer's president and chief ...
XL Group CFO Porrino to Retire on May 1; Robb Will Replace
XL Group Ltd. Chief Financial Officer Peter Porrino is retiring from his executive role this spring, though the Bermuda-based insurer and reinsurer has chosen from within the company to replace him. ...
PartnerRe Q4 Results Swing to Loss; P/C Combined Ratio Stays Below 90
PartnerRe Ltd. said it lost $191 million in the 2016 fourth quarter due, in part, to some one time costs such stemming from being acquired by Italian Investment firm EXOR and some business unit ...
Global Businesses’ Biggest Risk Fears: Cyber Attacks, Populist-Driven Political Instability
The threat of cyber attacks and political instability resulting from rising populism are among the biggest worries for businesses around the world, according to a study of companies in 79 countries. ...
The Risk Associated With Manmade Earthquakes
In recent years, earthquake rates in regions of the historically seismically quiet central and eastern U.S. have risen at a remarkable pace. According to the latest research and scientific consensus, ...
British PM May Watches Quietly as House of Lords Debates Brexit Law
The U.K. House of Lords began debating the draft law that would allow Prime Minister Theresa May to trigger Britain's departure from the European Union, with some members seeking to make changes that ...
Lloyd’s to Name Ex-CEO of Marsh Europe as New Chairman
Bruce Carnegie-Brown, former CEO of Marsh Europe and non-executive chairman of Aon UK, will shortly be named the new chairman of Lloyd's, according to market sources. He succeeds John Nelson, who had ...