Reinsurance
Aon Nails Down $70M in Alternative Capital Capacity to Transfer Systemic Cyber Risk
Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM (an ...
U.S. Insurance Execs Insist They Are Working to Fix Diversity Shortcomings
When Jerald Tillman and Mike James started their careers more than 20 years ago, working in the U.S. insurance industry was not on their radar, but programs to attract Blacks and other minorities ...
2020’s Most Powerful Atlantic Hurricane Strikes Central America
Hurricane Iota slammed into Central America late Monday with ferocious winds and rain, threatening to cripple a region already reeling from a deadly storm two weeks ago. Iota, the most powerful ...
Businesses Rank Cybersecurity as Top Worry in Risky Age: Marsh & McLennan CEO
Cybersecurity has emerged as the most pressing exposure for business confronting a new "age of risk," topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, ...
U.S. Insurers Made Slow Diversity Gains Over Last Decade: S&P Global
Diversity in the U.S. insurance industry has made only modest gains over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the ...
III CEO Kevelighan: The Institutes Affilliation Brings Group Into 21st Century
Affiliating with The Institutes provides an opportunity for the industry's Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the ...
Insurers Make UK Case for Limiting Pandemic Business Interruption Cover
Major insurance companies told the UK Supreme Court on Monday it was wrong to assume there could be unlimited cover during a pandemic in an appeal closely watched by thousands of British businesses ...
Insurers Targeted by U.S. Sanctions Over Nord Stream 2 Pipeline
The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of the 9.5 billion-euro ($11.2 billion) Russia-to-Germany link that's ...