Specialty
Post-Brexit, UK Insurance Industry Attempts to Calm Nerves
The U.K. joined the European Union in January 1973, and yesterday, the U.K. public voted to leave. After 43 years of marriage, the divorce proceedings will soon begin. No one knows how long it will ...
U.K. Chooses EU Exit; Cameron Resigns; Financial Services Face Uncertain Future
The U.K. voted to quit the European Union after more than four decades in a stunning rejection of the continent's postwar political and economic order, prompting Prime Minister David Cameron to ...
VW Must Fork Over $10B-Plus to Settle U.S. Emissions Scandal
Volkswagen AG will pay more than $10 billion to settle claims by nearly 500,000 owners stemming from its U.S. diesel emissions cheating scandal and fund efforts to offset pollution, three sources ...
Key to Better Cyber Coverage: Make Underwriters and Techies Talk More
As insurers continue their push to meet fast-evolving cyber insurance demands, the coverage thus far appears to fall far short of what is still needed. This could change if underwriters and ...
Asia Expansion Continues: BHSI Jumps Into Region’s Accident & Health Market
Berkshire Hathaway Specialty Insurance is making good on its pledge to expand in Asia, with news that it is jumping into the region's Accident & Health insurance market. The specialty insurance ...
Executives On The Move at QBE, BHSI, Aon and More
QBE North America brought in a new executive to guide development of its commercial agriculture business. Berkshire Hathaway Specialty Insurance launched a new accident and health division in Asia ...
Margin of Loss Reserve Adequacy Down to 2%; Well May Run Dry: Conning
Loss reserves for the U.S. property/casualty industry are still adequate, but the fat was trimmed down to roughly 2 percent of overall carried reserves for year-end 2015, an analyst reported last ...
Neon, Formerly Marketform, Opens Bermuda Office; Former Ariel CUO Fisher Is CEO
The specialist Lloyd's insurer Neon, formerly known as Marketform, announced it has opened an office in Bermuda as it grows its international footprint with greater access to both the Bermudian and ...