Reinsurance
Millions of North Carolina Chickens Killed in Hurricane Matthew Floods
Flooding from Hurricane Matthew has killed up to 5 million poultry birds in North Carolina, most of them chickens, the state's top environmental official said on Wednesday, hurting a major ...
Swiss Re, Brazilian Conglomerate to Launch Commercial Large-Risk Insurer
Swiss Re Group and a South American conglomerate are jointly launching a commercial large-risk insurer in Brazil, and the reinsurer plans to own a majority stake. The actual partnership, which goes ...
Hurricane Matthew Drownings and Flood Damage Rise in North Carolina
Rivers swollen by rainfall from Hurricane Matthew rose dangerously higher in North Carolina on Wednesday, prompting officials to go door to door urging residents to leave as a wide swath of the state ...
NYC Coast Confronts Higher Hurricane Risk Due to Climate Change: Study
Hurricanes could start flooding New York City's coastline as often as every 20 years due to the effects of climate change on sea-level rise and hurricane activity, scientists said on Monday. Water ...
$7B in Insured Losses: Karen Clark & Co.’s Hurricane Matthew U.S. Tally
Hurricane Matthew path of damage through coastal Florida, Georgia, South Carolina, North Carolina and Virginia, likely led to nearly $7 billion in insured losses, according to Karen Clark & Co. ...
North Carolina Suffering Deepens From Hurricane Matthew Damage
Flooding in the aftermath of Hurricane Matthew has displaced several thousand people in North Carolina, and authorities were helping more evacuate on Tuesday as swollen rivers threatened a wide swath ...
Second AIG Vet Joins Hamilton USA Exec Roster: Garceau Hired as COO
Hamilton Insurance Group's U.S. division is bringing on another former AIG executive to fill a major slot, its second major hire in two weeks. Michael Garceau will be the new chief operating officer ...
Lloyd’s, UK Bankers Warn of 2017 Brexit/British Exodus Risks
Top bankers warned on Tuesday they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the ...