Reinsurance
Unintended Problems From the Internet of Things and More 2017 Predictions: Marsh
Insurers and customers alike are increasingly embracing the Internet of Things for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could ...
A ‘Hard Brexit’ Appears Increasingly Likely
Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the ...
U.S., EU Reach Insurance Regulation Agreement
United States and European Union negotiators say they have reached an agreement on reinsurance and insurance regulation. The agreement covers three areas of insurance oversight: reinsurance, group ...
UK Finance Industry Abandons Post-Brexit Demand for Full EU Market Access
Britain's finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially ...
Sweeping U.S Regulatory Revamp Passes U.S. House
Republicans on Wednesday passed a bill in the House of Representatives that touched on nearly every step U.S. agencies take in creating and applying new rules, continuing their blitz to radically ...
Reinsurance Capacity Still Outpacing Demand Growth
Capacity continues to outpace the growth of reinsurance demand despite insurers' continued efforts to optimize their view of reinsurance as capital and expand into growing lines of business and ...
Business Interruption, Encompassing Many Risks, Remains a Top Corporate Concern in 2017
Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies' 2017 fears and ...
XL Group Estimates a $245M Net Loss for Q4 2016 Natural Catastrophes
XL Group Ltd. estimates that natural catastrophes in fourth-quarter 2016 cost approximately $245 million. This preliminary estimate is pretax and net of reinsurance and reinstatement premiums, XL ...