Reinsurance
U.S. Weather Forecasters Predict Sixth Year of Above-Average Atlantic Storms
The United States should prepare for a sixth year of above-average number of Atlantic hurricanes, Colorado State University (CSU) forecasters said in the first official 2021 outlook on Thursday. The ...
Executives On The Move at Munich Re and Everest Insurance
Munich Re appointed a new Chief Legal Officer for its U.S. division. Everest Insurance named a new head of the company's Excess & Surplus Primary Casualty unit.
Liberty Mutual, Starr Join Bitcoin Investment Firm’s $100M Funding Round
Liberty Mutual and Starr Insurance Companies are among property/casualty carriers who joined a $100 million funding round for NYDIG, a technology and financial services firm focused on bitcoin. The ...
Reinsurers Will Bear Brunt of Costs From Suez Canal Blockage
Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of ...
Experts Say Insurers Focusing on Diversity, Inclusion Have No Time to Waste
Diversity and inclusion initiatives are vital for insurers that want to close the talent gap and tackle any branding issues the industry faces, and there is no time to waste. That's according to ...
G20 Companies Will Face Common Disclosure Requirements on Climate Change Risks
G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how ...
PwC Will Establish Hybrid Post-COVID Work Schedule for UK Staff
PricewaterhouseCoopers will give UK staff Friday afternoons off this summer and allow them to choose the amount of time they spend working from home as part of a post-pandemic shakeup of working ...
P/C InsurTech Venture Capital Surpasses $1B in Q1; Several Startups Raise Large Rounds
Property/casualty related InsurTech financings in the 2021 first quarter came together at a healthy clip, as startups focused on addressing needs in an insurance industry facing accelerated ...