Category 5 Dorian Batters Bahamas; Florida, Southeast Coast Await Fate September 2, 2019 By Brian K. Sullivan and Jonathan Levin Sept. 2, 2019, 7:12 AM EST— Hurricane Dorian, tied as the most powerful storm to hit land anywhere in the...
Canada Insurer The Co-operators Acquires Quebec Broker, Cadieux Beausejour Dupras August 30, 2019 Canadian insurer The Co-operators has purchased the Saint Jérôme, Quebec-headquartered broker, Cadieux Beausejour Dupras Inc. Financial details of the deal...
Sirius Names Business Leaders, Forms Global Management Committee, to Unify Group August 30, 2019 Sirius Group announced enhancements to unify its global operating structure, which includes the promotions of key leaders to head its...
Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co. August 30, 2019 For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a...
World’s Safest Cities: Washington Rises, Hong Kong Falls August 30, 2019 There’s a new surprise member of the world’s safest cities club. Washington, D.C. has entered the top 10 in the...
New Specialty Broker McGill & Partners Forms U.S. Subsidiary August 29, 2019 By L.S. Howard The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate,...
Liberty Specialty Markets Taps Brodu from AIG as Head of Financial Lines, France August 29, 2019 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the appointment of Antoine Brodu as head of Financial...
European Insurers Are Having a Rough Time This August – Here’s Why… August 29, 2019 By Jan-Patrick Barnert European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings...
Study of European Flood Trends Finds North-South Climate Variances August 29, 2019 By Eric Roston European river flooding has grown more intense in northwestern Europe and decreased in the south over the last half century,...
Waste from Chinese-Owned Nickel Plant Spills into Papua New Guinea Bay August 29, 2019 By Melanie Burton and Tom Daly Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation of China spilled into the adjacent Basamuk...