reinsurance News
Another, Last-Ditch Brexit Parliament Vote Is Coming
Theresa May is making a desperate push to get her Brexit deal approved in Parliament to avoid a huge delay to Britain's divorce from the EU, even though she's facing what seem to be impossible odds. ...
Lloyd’s Loses $1.3B in 2018; Natural Catastrophe Surge to Blame
Lloyd's of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major natural catastrophes such Hurricanes Florence and Michael, Typhoon Jebi in ...
Lloyd’s CEO Neal Pledges to Name/Shame Those Who Commit Sexual Harassment
Lloyd's of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to Chief Executive Officer John Neal. "When we do see instances of bad ...
Lloyd’s Comes Up With ‘Robust Plan of Action’ to Address Sexual Harassment Reports
Lloyd's is releasing "a robust plan of action to address reports of sexual harassment in the Lloyd's market and create a safe and inclusive working environment." The plan includes possible lifetime ...
FEMA Botches Handling of Personal Data From 2 Million Disaster Victims
The Federal Emergency Management Agency improperly released the personal data of some 2.3 million survivors of hurricane and wildfire disasters to a contractor, the Department of Homeland Security's ...
Brexit in Disarray After Maneuver by Speaker of Parliament
Prime Minister Theresa May's Brexit plans were in disarray on Tuesday as her government sought to plot a way around a ruling by the speaker of parliament that she must change her twice-defeated ...
EU Leaders Will Mull Pressing Britain for Long Brexit Delay
European Union leaders will consider pressing Britain to delay Brexit by at least a year to find a way through its domestic deadlock, the chair of next week's EU summit said on Thursday. "I will ...
RenRe Hopes to Close Tokio Millennium Re Acquisition ‘As Soon as Possible’
RenaissanceRe Holdings said it plans to close its $1.5 billion purchase of Tokio Millennium Re "as soon as possible," now that all of the necessary regulatory approvals are in place. In October, ...