Reinsurance
Scientists Agree Climate Change Is Real, World Bank Leader Says
The world should stop arguing about whether humans are causing climate change and start taking action to stop dangerous temperature rises, the president of the World Bank said on Wednesday. World ...
Analysis: Optimism Fading, Brazil Protests Put Leaders On Alert
When more than 200,000 protesters took to the streets across Brazil on Monday night, they demanded a dizzying array of improvements—from halting the fast rise of prices to cleaning up government ...
Perry, Seow Appointed to PartnerRe Board
PartnerRe Ltd. announced Tuesday that Debra J. Perry and Greg Fook Hin Seow have been appointed to its Board of Directors effective June 15, 2013. Perry, aged 62, has been a Principal of Perry ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Capital Markets Poised To Grow Even Bigger In Cat Re Space
The participation of the capital markets in the property-catastrophe reinsurance industry is poised to explode beyond one-third of the total limits in the market, an industry executive said recently. ...
Property Insurance Market Eyes New Entrants—From China, Berkshire
Industry executives speaking at an insurance conference recently discussed the potential market impact of the newest entrants to the U.S. property insurance market, with Chinese companies getting as ...
Is P/C Industry Overcapitalized? Maybe Not, Carrier CEO Says
The chairman and CEO of a specialty property/casualty insurance carrier called into question the notion that the industry is overcapitalized on last week, pointing to the changing nature of volatile ...