Industry News
EU Will Crack Down on States Luring Brexit-Impacted Businesses From UK
The European Commission is seeking to crack down on states using regulatory shortcuts to lure business from Britain and said on Tuesday it is considering a more powerful securities watchdog to ...
UK May Leave Brexit Talks Prematurely, EU Officials Warn
European Union officials are calling for the bloc to prepare for the U.K. to walk out of Brexit talks without a deal, according to a private memo and people familiar with the discussions. At a ...
Insurers, Reinsurers Key to Addressing $2.1 Trillion U.S. Infrastructure Spending Gap
With a U.S. infrastructure investment gap of nearly $2.1 trillion looming over the next decade, insurers and reinsurers may be key to help closing it, Swiss Re asserts in a new report. "The U.S. ...
European Reinsurance Buying Continues to Increase, But at a Slower Pace: A.M. Best
The 20 largest European cedants have continued to buy more reinsurance as soft market conditions prevail, although the pace at which retention ratios are falling has been more subdued, according to a ...
China’s Anbang Insurance Eyes ‘Cheap’ Investment Assets in Europe
The chairman of China's privately-held Anbang Insurance Group said at the China Development Forum on Saturday he is bullish on investing in Europe despite great uncertainty over issues including ...
Trump’s Proposed Flood Map Program Cuts Could Trigger Higher Insurance Rates
A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a ...
The Latest Launches From BHSI, Ironshore Specialty and XL Catlin
Berkshire Hathaway Specialty Insurance expanded its professional lines coverage in Canada. Ironshore Specialty added M&A transition coverage for construction risks. XL Catlin extended its ...
Preoperative Opioid Use Contributes to Higher Costs, Complications
Surgery patients often go home from the hospital with a prescription for painkillers to take as they recover. But a new study suggests that doctors should also focus on patients who were taking such ...