reinsurance News
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, ...
Hurricane Dorian Menaces Florida Coast Next
Hurricane Dorian menaced the U.S. East Coast with devastating flooding and winds, lashing Florida after laying waste to the Bahamas in a brutal two-day battering that caused damage that may cost the ...
Hurricanes, Wildfires and More Will Drive January Reinsurance Renewal Rates Higher
Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said. After falling ...
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 ...
ReinsurTechs Break Through: Reinsurance May Finally Be on InsurTech’s Radar
InsurTech startups targeting the property/casualty insurance industry proliferated in multiple ways over the last few years. Relatively few of them focus on reinsurers, however, and Will Dove has ...