News
U.S. P/C Insurers Stand to Gain From New Tax Law: Moody’s
The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies and will boost profitability for many of these firms, particularly those that have been paying high effective ...
Blackstone Eyes Insurance With Expansion Into Portfolio Risk Analytics
Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world's largest private equity firm is expanding into a lucrative business dominated by BlackRock ...
Cold Weather, Winter Storms Created Feb/March Damage and Turmoil: Aon Benfield
Severe cold weather and a winter storm that affected large parts of Europe during the second half of February and early March caused business interruption and other damages surpassing hundreds of ...
U.S. Consumers Sue Kobe Steel, Toyota Over Vehicle Metal Quality
U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of ...
The Arctic Just Finished Its Warmest Winter Ever
Winter at the top of the world wimped out this year. The Arctic just finished its warmest winter on record. And sea ice hit record lows for this time of year, with plenty of open water where ocean ...
In a Post-Brexit World, UK Financial Services Face These Potential Scenarios
A stand-off between Britain and the European Union over the future of London's vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. The EU said on ...
Commercial Cyber Liability Market Will Reach $6.2B in Written Premium by 2020: Verisk
The total commercial cyber liability market will reach $6.2 billion in written premium by 2020 after annual growth rates of 20-30 percent, Verisk predicts in a new market analysis. "Cyber liability ...
Travelers to Help Test Virtual Reality Tech as Workers Comp-Related Pain Treatment
The Travelers Companies is part of a new pilot project testing virtual reality and wearable technology to treat pain and better manage workers compensation risks. Cedars-Sinai Medical Center, Samsung ...