Reinsurance
La Niña Will Chill Northern U.S., Dry Out the South Through Winter
A La Nina that threatens to push cold temperatures across the northern U.S. and extend drought conditions in the south will probably remain in the Pacific deep into the winter, fading away by spring, ...
German Vice Chancellor Balks at Brexit Pace
German Vice Chancellor Sigmar Gabriel said Brexit is taking "far too long" and maintaining the U.K.'s ties to the European Union won't be easy. Gabriel signaled concern that extended uncertainty ...
Credit Guarantee & Investment Facility Executes Inaugural Treaty Led by Munich Re
The Credit Guarantee and Investment Facility (CGIF)* announced it has executed its inaugural reinsurance treaty, with a panel of market leading private reinsurers, led by the specialist credit ...
U.S. Regulators Are Missing Commercial Drone Safety Violations: Govt. Report
U.S. aviation regulators approved commercial drone applications so quickly in recent years that they missed safety violations and took few enforcement actions, a government watchdog report concluded. ...
Industrywide Webinar Urges Young P/C Professionals to Help Recruit Others
Insurance industry executives and groups working to attract millennials to the sector are now actively targeting their younger colleagues to help get the word out. On Dec. 2, the recruiting ...
Hiscox Re Getting Krefta as New CEO; Pinchin Shifting to New Role
Hiscox named a new leader for its reinsurance arm and Bermuda division. The specialist global insurer disclosed that Michael Krefta has been appointed CEO of Hiscox Re and insurance linked ...
Insurer Acquirers in M&A Deals See Their Stock Price Soar, Eventually
Mergers and acquisitions have consistently lifted the share price of insurers who pursued the practice, though it takes some patience for the phenomenon to happen. Acquirers have outperformed their ...
London Insurers Outline Their Post-Brexit Market Needs Ahead of Negotiations
Companies operating in the London insurance market are zeroing in on four priorities for the upcoming Brexit negotiations. The objectives outline arrangements that will help the City of London ...