Warren Buffett’s Bet on Mild Florida Storm Season Faces Test With Hurricane Idalia August 30, 2023 By Max Reyes Berkshire Hathaway Inc. bet big earlier this year that Florida’s reinsurance market would deliver huge premiums with minimal losses. Hurricane...
What Is it About Named Storms That Start With the Letter ‘I’ ? August 30, 2023 By Jeff Martin Floridians, Georgians and others in the path of Idalia are hoping that the hurricane won’t join the long list of...
The U.S. Cyber Trust Mark and the Power of Collaboration August 30, 2023 By Elizabeth Blosfield As cyber threats continue to grow, guests on the latest episode of The Insuring Cyber Podcast say that collaborations between...
What Caused Closure of Toyota’s 14 Assembly Plants in Japan? August 30, 2023 Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle...
Super Typhoon Saola Lashes Taiwan Before Heading to Hong Kong August 30, 2023 By Cecilia Yap and Sing Yee Ong Super Typhoon Saola pummeled the south of Taiwan early Wednesday with strong winds and heavy rain, shutting offices and canceling...
People Moves: Starr Names Chen CEO of Starr Singapore; Arch Re Announces 4 Executive Promotions; Fidelis MGU Boosts Underwriting Team With 6 Promotions August 30, 2023 This edition of International People Moves details appointments at Starr Insurance, Arch Reinsurance and Fidelis MGU. A summary of these...
Dutch Insurer NN Says Extreme Weather May Make Further Premium Hikes Unavoidable August 30, 2023 By April Roach Dutch insurer NN Group NV may increase premiums further as extreme weather patterns become more prevalent, Chief Executive Officer David...
UK’s Direct Line Group Names Aviva’s Winslow as Group Chief Executive Officer August 30, 2023 UK insurer Direct Line Group announced that Adam Winslow has been appointed as chief executive officer, subject to regulatory approval....
Car Premiums to Rise Again as British Insurers Feel the Heat August 30, 2023 By Irina Anghel and Laura Benitez Motorists in Britain should brace for another year of steep insurance rises as providers confront cost pressures, industry figures have...
People Moves: Cover Genius Names Rudow Chief Financial Officer; Lubbers Head of US Affinity & Programs at WTW’s CRB August 30, 2023 Cover Genius Names Rudow Chief Financial Officer Cover Genius appointed David Rudow as its new chief financial officer (CFO). Rudow...