International
Don’t Worry? EU, UK Regulators Will Cooperate to Aid Smooth Brexit
European Union regulators have recognized the need to cooperate with their UK counterparts to avoid disorderly markets if no agreement is reached on the terms of the UK's departure from the EU, ...
Q3 2018 Cat Losses Likely to Hit Above the Norm: Morgan Stanley
The 2018 third quarter was relatively benign compared to the record catastrophe losses incurred by carriers last year. But hurricanes, wildfires, typhoons and more could still leave industry losses ...
Growth vs. Accumulation Disaster: Cyber Reinsurers Mull Both Sides
Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a costly, worldwide event in a matter of seconds. Unlike natural catastrophes, cyber isn't ...
The Latest Launches From Zurich Insurance and Marsh
Zurich Insurance said it has revamped its cyber insurance policy to include more coverages. Marsh said it is developing a blockchain-based verification product for clients focused on the sharing and ...
Canada’s Intact Financial Wary of Insuring Recreational Cannabis Industry
Don't expect Intact Financial Corp., Canada's largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. "It's not seen as the pot of gold that we should chase ...
Tesla Must Prepare for Lawsuit Alleging it Abused Foreign Workers
A federal judge has ruled that Tesla must defend itself at a trial over allegations it knew foreign workers at its California assembly plant were threatened with deportation if they reported an ...
RenaissanceRe Non-Committal About Exploring ‘Strategic Alternatives’
A ReinaissanceRe shareholder's call for the company to explore a possible sale is drawing a non-committal response from management. TimesSquare Capital Management, an institutional management firm ...
Are Current Climate Change Mitigation Targets Feasible? We’ll Find Out on Oct. 8
The world's leading climate scientists this week are preparing the final version of a cornerstone United Nations report to assess whether global temperatures can be kept in check this century to ...