Germany’s Forests Damaged by Droughts and Wildfires, Stoking Climate Debate August 12, 2019 By Frank Jordans Germany’s forests – long a source of pride and national identity – are feeling the heat. A second consecutive year...
Typhoon Lekima Roars Through Eastern China, Killing at Least 32 August 12, 2019 The death toll from a typhoon in eastern China rose to 32 on Sunday, with 16 people missing, state broadcaster...
Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico August 12, 2019 Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo...
Greenlight Re Innovations Invests in Australia Property Claims Platform Handdii August 9, 2019 Greenlight Re Innovations (GRI), a subsidiary of Greenlight Capital Re Ltd., announced it has made a strategic investment in Handdii...
Britain Will Spend ‘Whatever It Takes’ to Prepare for No-Deal Brexit August 9, 2019 By Amanda Ferguson Britain will spend “whatever it takes” before its departure date from the European Union to prepare for the possibility of...
Fairfax Financial Appoints Allen as CFO August 9, 2019 Fairfax Financial Holdings announced that Jennifer Allen has been appointed chief financial officer. John Varnell, who was previously serving as...
Hurricane Barry Cost Economy $600M, Insurers $300M: Aon Catastrophe Report August 9, 2019 Total economic losses, largely flood-driven, were expected to exceed US$600 million, while public and private insurers paid out nearly US$300...
China Braces for Typhoon Lekima as Strongest Storm to Hit Region in 2019 August 9, 2019 By Samson Ellis Flights and high-speed train services were canceled in Shanghai as the strongest typhoon to hit the region this year swept...
UK’s Aviva Reports 1% Rise in 1st Half Operating Profit, Reviews Asia Business August 8, 2019 By Lena Masri Britain’s second largest insurer Aviva reported a forecast-beating 1% rise in first-half operating profit on Thursday, helped by a strong...
Zurich Insurance Expects to Beat Targets as It Enters Final Stretch of Turnaround August 8, 2019 By Patrick Winters Zurich Insurance Group AG said it expects to beat all its financial targets for the 2017-2019 period as the global...