Reinsurance
Buffett’s Berkshire Hathaway Wants Shareholders to Reject Climate Change, Diversity Proposals
Warren Buffett's Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and ...
February Polar Vortex Led to Record U.S. Winter Weather Economic Losses: Aon
Blame the Polar Vortex and the resulting drastic U.S. winter weather for generating record direct economic losses and more carrier headaches. Direct economic losses from those Polar Vortex-driven ...
AXA Drops German Power Giant RWE as a Client Due to Coal Operations
AXA SA, France's biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive ...
Insurers, Reinsurers Ready for Fight Over UK COVID-19 Business Interruption Payments
Top insurance companies, ordered by Britain's highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who ...
Essential Workers Worry About Safety, Jobs as States Ease Mask Rules
Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he manages the kitchen. Maribel Cornejo, who earns $9.85 an hour ...
Swiss Re Corporate Solutions Will Streamline Legal Structure for North America
Swiss Re Corporate Solutions announced a plan to streamline the legal entity structure of its North American business. The changes include establishing Swiss Re Corporate Solutions America Insurance ...
E&O Cyber Incidents Exploded in 2020: Aon
Aon released its first ever Errors & Omissions/cyber insurance product snapshot and it presents a pretty dire snapshot of worsening conditions. There were on average three new E&O cyber ...
Executives On The Move at Zurich Insurance and Aon
Zurich Insurance promoted its chief underwriting officer to the role of CEO for its Commercial Insurance division. An Allied World veteran is joining Aon plc as Head of Casualty in its Reinsurance ...