International
Former Endurance Exec Summerville Heading E&O, D&O Unit for Swiss Re Corporate Solutions
Swiss Re Corporate Solutions announced the appointment of Jeff Summerville to lead Financial & Professional Services for North America earlier this week. Summerville has more than 25 years of ...
Brazil’s Historic Coffee Drought Spreads Industry Uncertainty
In Santos, where Brazil's normally bustling physical coffee trade is clustered in a handful of small buildings near the port, the family-owned brokers and multinational companies that move almost ...
Global P/C Premiums Headed for Moderate Climb: Munich Re Report
An improving economy in the industrialized world will propel steady but moderate property/casualty premium growth over the next two years, Munich Re concluded in its new Insurance Market Outlook ...
Why Credit Suisse Got a Bigger Penalty than UBS: Lack of Cooperation Tied to Swiss Laws
U.S. prosecutors first raised the specter of a criminal plea by Credit Suisse Group AG more than two years after starting an investigation into whether the Swiss bank had helped wealthy Americans ...
Lloyd’s Appoints Hu to Council; McGovern, Griffiths to Franchise Board
Lloyd's has announced three appointments with immediate effect. Fred Hu will join the Lloyd's Council and Joy Griffiths and Sean McGovern will join the Franchise Board. The bulletin described Hu as a ...
Genworth Mortgage Insurance IPO Soars in Australia
Shares in home-loan insurer Genworth Mortgage Insurance Australia Ltd rose 14 percent on Tuesday in an upbeat first day of trading for the country's biggest initial public offer of the year so far. ...
Former VP Gore Backs Insurance Execs’ Commitment to Climate Risk at Geneva Assoc. Assembly
Former U.S. Vice President Al Gore recognized the insurance industry's key role in helping the world to tackle climate-related risks during a speech at The Geneva Association's annual General ...
Cost of Climate Change Hitting the World’s Biggest Companies, Threatening Supply Chains
Drought, hurricanes and rising seas are becoming more significant threats to the world's biggest companies and the risk is accelerating, according to the Carbon Disclosure Project. Companies planning ...