Reinsurance
Bird Flu Could be ‘Catastrophe’ For Turkey and Egg Industries
Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. "This ...
U.S. House Approves Cyber Threat-Sharing Bill
The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with the government without fear of ...
2015 to Get a Mild Dose of Hurricanes and Tropical Storms: WSI
Expect 2015 to be another mild year in terms of hurricanes and tropical storms, according to Weather Services International's new forecast for the season. There will be nine named storms, five ...
European Union Renews Effort to Halt U.S. Reinsurance Collateral Rule
The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed ...
Insurers Urge FAA to Speed Up Drone Use for U.S. Disaster Response
U.S. companies including insurers and aerospace manufacturers urged federal aviation regulators on Tuesday to speed up the use of drones in disaster response and relief operations in the United ...
Willis to Compete With Banks Pursuing Asia M&A
Willis Group Holdings Plc's Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising ...
U.S. Regulators Advocate Oil Train Risk Reduction Measures
Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.S. ...
It’s an Insurance Buyer’s Market For Now: Willis
Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the ...