International
$22B in H1 Insured Losses Stem Largely From U.S. Storms: Impact Forecasting
Insured losses for natural disaster totaled $22 billion during the first six months of 2017, with the cost stemming in large part from U.S.-focused, hail, heavy winds and tornadoes. Aon Benfield's ...
Risk is ‘Substantial’ That the UK Won’t Achieve Brexit Deal: Moody’s
The risk that the UK will tumble out of the European Union in two years without a Brexit deal is "substantial," Moody's Investors Service said. Such an outcome would affect everything from banks to ...
Executives On The Move at AmTrust, Chubb, Neon and GCube
AmTrust Financial Services hired an executive to handle business strategy and business development. Chubb has a new Life Sciences Industry practice leader for North America. Neon named a new director ...
At Friendsurance, Continuous Performance Evaluations Help Employees Learn and Grow
Here's an idea for insurers seeking to inspire and retain their talented, and younger employees: continuous performance evaluations. Friendsurance, the Berlin-based peer-to-peer insurance broker, ...
The Latest Launches From Nationwide and Willis Towers Watson
Nationwide added a function to Amazon Alexa that lets subscribers of its usage base auto insurance program access data via voice command. Willis Towers Watson is debuting a virtual, actuarial ...
Brexit Moves Likely After Year-End, UK Financial Watchdog Predicts
Financial firms are waiting until the end of the year before moving staff and business ahead of Britain's departure from the European Union in 2019, the country's markets watchdog said. Banks, asset ...
H1 Natural Disaster Claims Reached $19.5B, Plunging From Previous Year: Munich Re
Insurers paid out around $19.5 billion for natural disaster claims in the first half of 2017, almost 40 percent less than the year-earlier payout of $32 billion, reinsurer Munich Re said on Tuesday. ...
Cyber Attack Leads to Big Business Interruption, Earnings Issues for FedEx’s TNT Unit
FedEx Corp.'s TNT unit is still slogging through some transactions by hand and information systems may never fully recover from a June cyberattack that is expected to deal a blow to earnings. The ...