Industry News
Q3 Natural Catastrophe Losses Bearable Even as COVID-19 Hits Keep Growing: Fitch
As the U.S. P/C Industry gears up for 2020 third quarter earnings disclosures, indicators point to an elevated number of natural catastrophe losses, Fitch Ratings said in a new market update. Fitch ...
Insurance Acquisition Corp. Launches IPO After Completing Shift Auto Retailer Deal
Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public through a reverse-merger deal with blank check firm Insurance Acquisition ...
Guaranteed Income Benefit in Retirement Plan Could Be ‘Wow Factor’ When Hiring
Employers looking to "wow" current and prospective employees should consider offering a guaranteed income option within their retirement plan, according to new research from Lincoln Financial Group. ...
Executives On The Move at AXIS Re, Lockton Re and Earnix
AXIS Re made two new underwriting hires to expand its North America Casualty team. Lockton Re hired a Senior Broker to be part of its Marine & Energy Division. Earnix, a provider of advanced ...
EU Pressures Britain to Make Brexit Compromise or Face Trade Disruptions
The European Union put the onus on Britain on Thursday to compromise on their new economic partnership or stand ready for trade disruptions in less than 80 days, drawing a chilly reaction from the ...
The Impact of Political Risks on Businesses
Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French "yellow vest" protests (insured ...
Guy Carpenter Launches New Unit Focused on Program Market
Global reinsurance broker Guy Carpenter & Co. has launched a new business unit focused on carriers and managing general agencies operating in the program market. GC Access offers services such as ...
Corporate Diversity Pledges: U.S. Activists Seek Proof of Action
More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their workforces and boardrooms, activists and analysts said on ...