Reinsurance
Chubb Takes Q2 Storm Hit; CEO Greenberg Slams Protectionism, Anti-Immigation Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Nanotechnology: Understanding the Benefits and the Risks
Nanotechnology is embedded in the products or processes of nearly every major industry and has become a mainstay of product innovation and enhancement. These products will likely generate value and ...
Bankrupt U.S. Coal Producer Reaches Mine Liability/Clean-Up Deal With Three States
Peabody Energy Corp, the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has ...
JLT Re: Buyers Should Put Resilient Reinsurance Cycle to Good Use
Despite proclamations by some observers that the reinsurance cycle is dead, JLT Re says, reports of its demise are greatly exaggerated – and now is the time for buyers to use the cycle, and ...
Post-Brexit, Ireland Moves Quickly to Lure UK Financial Jobs
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month ...
Berkley Chairman: Brexit Risks Addressed With Liechtenstein Office
W.R. Berkley Corp.'s legendary chairman said that the insurer should see limited impact following the United Kingdom's vote to pull out of the European Union, due in large part to a risk management ...
Progress Made Containing Massive California Wildfire
Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation ...
Everest Re’s Q2 Net Income Battered by Catastrophe Costs, Investment Declines
Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common ...