Social Inflation, Low Interest Rates, Rising Catastrophes: Recipe for a Hard Market September 9, 2020 By L.S. Howard Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely...
European Insurers Worried Regulators May Block COVID-19 Dividends September 9, 2020 Global regulators should not ban insurers from paying dividends as a result of COVID-19 and should give firms more time...
Republican Senators Eye Law Shielding Internet Firms From Liability for Postings September 9, 2020 By Nandita Bose Three Republican U.S. senators on Tuesday introduced the latest legislation targeting a federal law that largely exempts tech platforms such...
Angola Seizes AAA Hotel, Insurance Assets Linked to de Sao Vicente, TV Reports September 9, 2020 By Noah Browning Angola’s attorney general has seized buildings and hotels belonging to AAA, a company associated with Carlos Manuel de São Vicente...
Trump Labor Rule That Narrows ‘Joint Employer’ Standard Struck Down by Judge September 9, 2020 By Jonathan Stempel A federal judge on Tuesday struck down a Trump administration rule that narrowed the definition of “joint employer,” and which...
Arch Capital Leads Group in $500 Million Bid for Reinsurer Watford: Reuters September 9, 2020 By David French A consortium led by insurer Arch Capital Group Ltd. has made an approximately $500 million offer to acquire reinsurance firm...
Reuters Report: How COVID-19 Swept Brazilian Slaughterhouses of Top Meatpacker September 9, 2020 By Ana Mano JBS SA, the world’s largest meatpacker, has vowed to keep the world fed during the coronavirus pandemic. Executives say the...
Beach Adds Willis’ Berkstresser as Senior Vice President, Will Open Wasington Office September 9, 2020 Beach & Associates has named Warren Berkstresser senior vice president of its Beach Re U.S. reinsurance division, and he will...
COVID-19 Cast as a Catalyst for Change. Now What? September 9, 2020 By Caribou Honig Look around the corner, what do you see? Answering that question is the most important part of my job as...
Simply Business, AXIS Launch Coverage for Home-Based Small Businesses September 9, 2020 Simply Business, Inc., a digital insurance agency offering small business insurance policies on behalf of a panel of carriers, will...