Industry News
U.S. Led the Catastrophe Pack With Major Flood Damage in March
Damage from flooding in March 2019 reached $8 billion from events across the globe, with much of the damage happening in the U.S., according to Aon's "Global Catastrophe Recap – March 2019." "The ...
Populist Politics,Terrorism Are Adding New Risks for European Businesses: Aon
Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker ...
QBE North America Adds AI Virtual Assistant to Claims Reporting Process
Some QBE North America customers will now interact with an artificial intelligence virtual assistant while reporting claims. The specialist insurer said its TextQBE services will improve and enhance ...
Norsk Hydro Credited With Quick Response to Cyber Attack Despite Unrelated Upheaval: RMS
When Norsk Hydro, one of the world's largest aluminum producers, was hit by a major cyber attack in the early hours of March 19, it was already undergoing a major upheaval: just the day before the ...
Climate Change Is Sweeping Europe and New Satellite Photos Prove It
Climate change is picking up pace in Europe, thrusting farmers and power generators onto the front lines of a battle with nature that threatens to upend the lives of the half billion people who ...
Insurers See Opportunity With Quick-Paying Parametric Disaster Insurance for Public Sector
Some of the world's largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The ...
Chubb CEO Greenberg Continues Push for a More Humane (and Business-Savvy) Immigration Policy
For the second year running, Chubb Chairman and CEO Evan Greenberg is railing against the U.S.'s current immigration policy. Greenberg, without mentioning U.S. President Donald Trump by name, used ...
Executives On The Move at BHSI, Liberty Mutual and TigerRisk
A former Pembroke Managing Agency executive joined Berkshire Hathaway Specialty Insurance to run its new Transactional Liability Insurance operations in Asia and the Middle East. Liberty Mutual ...