U.S.
Allianz Exec Views Hedge Funds as Insurance Industry Asset
Chris Fischer Hirs, the head of Allianz SE's specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. "Hedge ...
How Insurers Can Wield Social Media to Attract Millennial Customers
Bloomberg has reported that the rate of home ownership in the United States is at its lowest level in 20 years and the number of first-time buyers entering the market is at an almost 30-year low. The ...
Q2 Cat Bond Issuance Robust, But Below Record 2014 Levels: Aon Benfield
Catastrophe bond issuance came in at a healthy clip during the 2015 second quarter, but the half-year total dipped considerably from the same, record-breaking period in 2014, Aon Benfield found in ...
Swiss Re: Food Contamination Liability Costs are Surging
Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging, Swiss Re found in a new report. Among the findings: the number ...
Why Pacific Typhoons and Other Tropical Storms Are Surging
The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems -- and that includes two major typhoons -- have formed across the Pacific from China to Mexico. On top of ...
Everest Re Brings on Swiss Re Exec to Help Build U.S. Business
Everest Re Group Ltd. hired Dane Lopes as head of sales and distribution for U.S.insurance operations as disruption in the industry pushes established firms to solidify relationships with clients and ...
Farmers Reports Steep Price Tag For Late June Storm Damage Claims
Farmers Insurance said it expects to receive nearly 7,000 claims from hail, strong wind and other severe weather events that hit 14 states in late June. The price tag won't be cheap. Farmers said it ...
Warren Buffett Could Gain From Efforts to Weaken New Train Safety Rule
Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key ...