insurance News
Insurance Linked Securities Hold Their Own in the Face of Cat Bond Losses: Aon Securities
Insurance linked securities are holding their own even as they have been slammed with robust catastrophe bond losses, a new Aon report has found, predicting that the sector will resume growth in ...
UK’s Prep for No-Deal Brexit Could Help Limit Economic Damage: BOE
The U.K.'s preparations for a no-deal Brexit may help to limit the damage to the economy, though the fallout will still be considerable, according to the Bank of England. Updating its assumptions, ...
Carriers Experienced Costliest Two-Year Period Ever for Cat Losses: Aon
Global insured losses stemming from major wildfires, tropical cyclones and severe thunderstorms reached $90 billion in 2018, close to 50 percent higher than the annual average between 2000 and 2017, ...
UK PM Johnson Heightens Campaign to Reopen Brexit Negotiations
U.K. Prime Minister Boris Johnson on Sunday stepped up his campaign to convince the European Union to reopen Brexit negotiations, using the Group of Seven summit in France to test the bloc's united ...
Irish Businesses Exposed to Hard Brexit-Related Risks
Some of the Irish businesses most exposed to the risk of Britain crashing out of the European Union in 10 weeks are not very well prepared, Ireland's government warned on Thursday. The Irish economy ...
EU Rejects UK PM Johnson’s Bid to Reopen Brexit Divorce Deal
Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to ...
European Commission Warns Britain Will Suffer Most Under No-Deal Brexit
The European Commission said on Monday that the EU was ready for a no-deal Brexit and that Britain would suffer most under such a scenario. Speaking at a regular daily briefing, Commission ...
No-Deal Brexit Will Be Unstoppable: Johnson’s Top Aide
Lawmakers will be unable to stop a no-deal Brexit on Oct. 31 by bringing down Britain's government in a vote of no confidence next month, Prime Minister Boris Johnson's top aide has advised, ...