Reinsurance
Executives On The Move at Swiss Re, Willis and Beazley
We have new appointments and promotions to tell you about at Swiss Re, Willis Group and Beazley: *** Swiss Re promoted from within to fill a new executive position responsible for reinsurance in ...
New ACE Terror/Violence Coverage Addresses Bomb Threat Hoaxes, Looting and More
ACE Group is marketing new multinational insurance coverage to help businesses handle fast-evolving terrorism and political violence problems. The policy addresses a wide range of areas including ...
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 ...