International
London Is Priciest City to Employ Staff
London surpassed Hong Kong as the world's most expensive city for companies to locate employees after rents climbed and the pound appreciated against the dollar. London real estate costs, which ...
U.S. Treasury Secretary Says Combating Climate Change Will Strengthen Economy
Making investments in combating climate change will make the U.S. economy stronger and create tens of thousands of jobs, U.S. Treasury Secretary Jacob J. Lew said. "The need for action is clear," Lew ...
Swiss Re’s Chief Economist Analyzes a Difficult Reinsurance Market
Over the past 13 years, Swiss Re's Chief Economist Kurt Karl has been through a succession of reinsurance market ups and downs, but he says the current situation is somewhat new and requires special ...
Canada Mulls Special Fund to Spread Oil-by-Rail Insurance Burden
The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for ...
A.M. Best Puts Arch JV Partner Gulf Reinsurance Limited Under Review
A.M. Best has placed the financial strength rating of A- (Excellent) of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates) under review with negative implications. The under review with ...
Wills Re North America Head Sees Possibilities at NAMIC Conference
As the National Association of Mutual Insurance Companies' annual conference got underway this week, Willis Re North America President James Kent said he was bullish about the possibilities for his ...
Lone Wolf Terrorist Attacks Not More Frequent But Targets Changing: Indiana State Research
Lone wolf terrorist attacks are not on the rise as popular culture might lead one to believe—but the attacks are changing for the worse, according to research by an Indiana State University ...
Europe Beats U.S. in M&A Insurance Industry Deals: Clyde & Co.
Insurance and reinsurance industry M&A deals have picked up a bit in Europe and elsewhere. But they keep declining in the U.S., continuing to deny it the lead in a space it has typically ...