Risk & Capital Management
Berkshire Hathaway’s Gen Re Promotes Brogan to Lead Aircraft Risk Unit
Gen Re promoted John Brogan to chief executive officer of an aviation unit as the reinsurer at Warren Buffett's Berkshire Hathaway Inc. phases in a new generation of leadership. Brogan replaces David ...
Britain’s Financial Sector Optimism Plunges in Wake of Brexit Vote
Optimism about the outlook for Britain's financial services sector is at its lowest point since the financial crisis, a survey of finance firms showed on Monday. The latest survey of 115 financial ...
P/C Insurers’ Underwriting Losses Worsened in H1: A.M. Best
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
AIG Unloads Stake in Lloyd’s Business; Strategic Relationship Remains
American International Group will sell off its 20 percent stake in the carrier's Lloyd's of London insurance operations – it's latest restructuring move. But the insurance giant will keep an ...
For Good Measure: Connecting Corporate Strategy With Risk Tolerance
When early seafarers began to chart the world's distant corners for the first time, a crucial component to the required technology was measurement. Measures needed to be both accurate and practical. ...
Lloyd’s Chairman to Reinsurers: Target Brokers’ Fees to Cut Costs
Reinsurers, forced to cut prices for four years in a row, should target brokers' fees as the industry seeks to reduce costs, according to Lloyd's of London Chairman John Nelson. The brokers need to ...
Has the Reinsurance Cycle Reached Bottom? Opinions Vary at the Rendez-Vous
It may be wishful thinking – but some major reinsurers are hoping the bottom of the reinsurance cycle is at hand. Both Swiss Re and Hannover Re told journalists at this year's reinsurance ...
Reinsurance Capital Hits High of $585B for First Time: Aon Benfield
Reinsurance capital reached record levels in the first half of 2016, hitting a new high of $585 billion. Aon Benfield's latest Reinsurance Market Outlook report puts that number in perspective, ...