International
Global Commercial Insurance Price Hikes Moderated Further in Q2: Marsh
Global commercial insurance prices rose 15 percent in the 2021 second quarter, continuing a stunning track record of increases but far from their peak at the end of 2020, according to a new Marsh ...
PartnerRe Q2 Results Display Positive Income, Rate and Investment Gains
PartnerRe saw a strong jump in net income during the 2021 second quarter, backed by strong rate increases and reduced impact from the COVID-19 economic downturn. The Bermuda-based reinsurer booked ...
Scientists Must Update Extreme Weather Climate Models After Missing the Mark
As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, ...
Global Supply Chains Falter as Inflation Continues and Virus Levels Jump
A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from ...
Executives On The Move At W.R. Berkley and BHSI
W.R. Berkley Corp. gave the head of its Berkley Re Asia operations some added new responsibilities as part of a reorganization. Berkshire Hathaway Specialty Insurance appointed a former Chubb ...
Aon and Willis Towers Watson Abandon $30B Merger Deal; DOJ Suit Halted Momentum
Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice. The proposed ...
Carriers, InsurTechs Plot a Complicated Return to the Office
After more than 17 months of working from home due to COVID-19 safety concerns, many carriers and InsurTechs are planning a collective return to the office. The pandemic isn't over yet, of course, ...
Expect a Quicker, More Robust Global Insurance Recovery Than in 2008: Swiss Re
The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and ...