Industry News
Reinsurance at Crossroads Part 2: Emerging Markets and Risks; the Road Ahead
As detailed in Part 1, "The Market in the Developed Economies" the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property ...
Lifting of Sanctions Brings Uncertainty Over Iranian Oil Tanker Insurance
Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions against the Persian Gulf state, a group covering vessel owners said. Ship ...
German Companies Told No Exceptions to Board Gender Quotas
German listed companies will be granted no exceptions to a 30 percent women's quota for supervisory boards by 2016, said Manuela Schwesig, the minister responsible for drafting the legislation. ...
Securities Class Actions Up in 2013 But Less Than Average
Plaintiffs filed 166 new federal securities class actions in 2013, a nine percent increase over 2012, however, the 2013 total is still 13 percent below the average from 1997 to 2012 despite being ...Analysts Say Travelers Results Signal Pricing Trend; CEO Fishman Not So Sure
The Travelers Cos.' earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And ...
Reinsurance at Crossroads Part 1: The Market in the Developed Economies
A significant number of reinsurance treaties were renewed this month, heavily concentrated in property catastrophe coverage. It's become apparent, however, that this market, for a number of reasons, ...James Named President of QBE North America P&C
Robert James has been appointed president of Property and Casualty for QBE North America, which includes the program, middle markets and major broker groups. James will be a member of the executive ...
Oil Train Catastrophe Risk Weighs on Insurers: Kemp
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, ...