Big Europe Reinsurers See Strong 9M Earnings Despite High Natural Disaster Losses November 15, 2021 All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period...
COP26 Climate Agreement Targets Fossil Fuels as Key Driver of Global Warming November 15, 2021 By Valerie Volcovici, Kate Abnett and William James GLASGOW – U.N. climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the...
Louisiana Apartment Complex Still Reeling From Laura Damaged by Tornado November 15, 2021 By Crystal Stevenson Rising after a hard knock can be wrenching, but for Claudette Price _ who has just endured her fourth punch...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Berkshire Hathaway General Reinsurance Unit Launches Mideast Office in Dubai November 15, 2021 DUBAI — The General Reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc has set up a Middle East office in...
Paytm’s IPO Oversubscribed but Doesn’t See Blow-out Demand From Investors November 15, 2021 By Vishwadha Chander, Chris Thomas and Sankalp Phartiyal BENGALURU – Paytm’s $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed at the close of bidding on Wednesday,...
Louisiana Seeks Takeover of Pair of Regional Insurance Companies Facing Insolvency November 15, 2021 The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co.,...
Insolvency Pool Can’t Yet Seek Reimbursement from Injured Worker November 15, 2021 The Georgia Insurers Insolvency Pool’s demand for a refund from an injured worker must first be addressed by the state...
Time Limit and Gap in Comp Benefits Not Unconstitutional, Florida Court Says November 15, 2021 By William Rabb What happens when a worker’s injury needs follow-up surgery many years later, requiring the employee to miss months of paychecks?...
From Baby Powder to Implants: J&J’s Biggest Legal Liabilities As It Prepares to Split November 15, 2021 By Nate Raymond Johnson & Johnson on Friday said it would split into two companies , hiving off its consumer health division that...