Reinsurance
Manmade Climate Change Likely Contributed to Severity of French Floods
An international team of scientists has found that manmade climate change nearly doubled the likelihood of last month's devastating French flooding. In a quick but not peer-reviewed analysis, the ...
Swiss Re Cuts Risky Government Bonds, Hikes Corporates
The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer's ...
Global Indemnity plc Redomesticating from Ireland to Caymans
Global Indemnity, plc announced Monday that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman Islands. Shareholders will be asked to vote in favor of ...
Executives On The Move at XL Catlin, Swiss Re, Navigators and More
XL Catlin named a new head of Canadian Property. Swiss Re promoted three executives to both global and Asia-based positions. Navigators hired an executive to launch a new business. Finally, the ...
Disney Resort Reviews Safety Policies After Child Killed by Gator
It's an unwritten rule for Florida residents: Keep your kids away from ponds and lakes because alligators are everywhere. But after a gator killed a 2-year-old Nebraska boy at a Walt Disney World ...
Orlando Victims See Sandy Hook Case as Gunmaker Lawsuit Template
A case in Connecticut state court could help victims from mass shootings -- including the recent massacre in Orlando -- sue manufacturers of military style assault rifles used in the attacks, despite ...
Insurers: Ignore the FinTech Revolution at Your Long-Term Peril
While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have put FinTech at the heart of their corporate strategies, according to report published by ...
Zika Risk May Trigger Limited Insurance Coverage for Sporting Events
Continued Zika virus warnings may dampen summer sporting events such as the Rio de Janeiro-hosted Summer Olympics in August, as insurers weigh the risk of insuring such events in the midst of another ...