Reinsurance
Double-Digit Reinsurance Price Drops Possible at Jan. 1: Guy Carpenter
The world's largest reinsurers are anticipating even bigger price declines when policies are renewed in 2016 than envisaged a month ago as a flurry of takeovers in the industry fails to absorb some ...
Typhoon Update: Northeast Philippines Hit on Sunday
Slow-moving Typhoon Koppu weakened after blowing ashore with fierce winds in the northeastern Philippines on Sunday, leaving at least one person dead and six others missing, while displacing 16,000 ...
Scientists Confirm Climate-Caused Coral Bleaching Event: What’s at Stake
Earlier this month, a consortium of scientists confirmed that a "global coral bleaching event" is underway—only the third of its kind in recorded history. XL Catlin Seaview Survey, in collaboration ...
Playing Defense: Beyond M&A
Some reinsurers "bought themselves breathing space" with merger and acquisition activities, Standard & Poor's said in a September 2015 report titled "Defensive Plays Help Global Reinsurers to ...
Analysts’ Viewpoints: Conditions Are Difficult for Reinsurers—But It’s Not All Gloom and Doom
While the reinsurance industry continues to operate in an extremely challenging environment, rating agencies affirm that many companies have responded well over the past year by making defensive ...
Insurance Execs May Also Face U.K. ‘Duty of Responsibility’ Bank Rules
Executives at UK insurers, mortgage brokers and payday-loan companies will be covered by the same "duty of responsibility" as those in banks under legislation introduced in Parliament Thursday. The ...
Air Accidents Are at a Record Low
As the spotlight falls on Dutch crash investigators and their high profile probe into the downing of a Malaysian airliner, air accident detectives worldwide are waging a much more discreet daily ...
W.R. Berkley Unveils South Africa-Focused Treaty Unit
W.R. Berkley Corp. is turning to South Africa as the target of its latest business unit, which will be focused on working with both regional insurers and brokers. Chairman and CEO William R. Berkley ...