Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon January 22, 2020 The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report....
Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus January 22, 2020 By Cate Cadell and David Stanway Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears...
Iran Crash Victims May Need Political Backing in Fight for Damages January 22, 2020 By Tracy Rucinski and Tim Hepher Families of the 176 people killed when Iran shot down a Ukrainian airliner face a complicated legal battle where backing...
Korean Re Gets Chinese Approval to Open Shanghai Branch January 21, 2020 Korean Re has completed the establishment of a branch office in Shanghai as the company received final approval from the...
China’s Mysterious Respiratory Virus Spreads to Health Workers, Different Countries January 21, 2020 By Sybilla Gross and Dong Lyu China’s mysterious respiratory virus has caused six deaths and infected a number of medical workers, a sign the outbreak has...
Everest Re Taps NewRe’s Klinger as Head of Continental Europe, Succeeding Knipper January 21, 2020 Everest Re Group Ltd. has announced that Artur Klinger will join the Everest Reinsurance Division during mid-to-late 2020 as managing...
Willis Re Names Green as Head of Int’l Casualty Reinsurance, Philipsz as Australia CEO January 21, 2020 Willis Re, the reinsurance broking business of Willis Towers Watson, announced the appointment of Cameron Green as head of its...
Australia Begins Clean Up From Bushfires with Insurance Claims Continuing to Rise January 21, 2020 By Rebecca Jones The New South Wales and Victorian state governments will coordinate the clean-up of insured and uninsured residential and commercial properties...
Financial Services CEOs in Davos Complain They Can’t Save Planet Without Clients’ Help January 21, 2020 By Viren Vaghela As the financial industry comes under pressure to avoid funding dirty energy, the heads of Citigroup Inc. and Zurich Insurance...
Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding January 17, 2020 By Ezra Fieser The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most...