Reinsurance
Companies Expose Clients to Harm by Not Modeling Longer-Term Risk Impacts: Marsh
Only 25 percent of companies are evaluating or modeling the longer-term impact of emerging risks on their business, leaving a cascading scenario that can also harm their customers, according to a new ...
AXA’s Asia Units, New Zealand Health Provider Struck by Ransomware Attacks
The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cybercriminals that has affected operations in Thailand, Malaysia, ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Warming Arctic Tundra Will Make It Tougher to Curb Climate Change: Study
The warming Arctic tundra will make it harder for the world to curb climate change, as thawing permafrost and wildfires release greenhouse gases that are not fully accounted for in global emissions ...
SCOR’s Kessler to Leave CEO Slot in June in Revamped Succession Plan
Denis Kessler, SCOR's chairman and chief executive officer, is stepping down for personal reasons from his CEO role at the end of June, much earlier than expected. The company is replacing him in a ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard. But Bellanca wasn't working for any fire department. He ...
Buffett’s Berkshire Hathaway Buys Big Aon Stake
Berkshire Hathaway Inc said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold large portions of its investments in Chevron Corp and Wells Fargo & Co. The changes ...
Executives On The Move at BHSI, Lockton and TigerRisk
Berkshire Hathaway Specialty Insurance appointed a former AIG executive to lead its Casualty Claims business in the UK. Lockton made a number of key executive hires in multiple business segments. ...
New Post-COVID Hybrid Work Arrangements May Not Be Flexible or Functional
Fourteen months after coronavirus confined the world's office-workers to their homes, companies are embarking on another great experiment — how to get their teams back together, in-person, at least ...