Severe European storms during June had an economic price tag of US$2 billion, while insurers anticipated claims topping $1.5 billion,...
International & Reinsurance News
The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just...
Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades...
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Andreas Krause as country manager for Germany and established a new office in...
Pakistan’s securities watchdog is examining ways to support the country’s struggling brokerage and insurance industries under its latest chief. The...
AM Besthas affirmed the Financial Strength Rating of “A” (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of Lloyd’s...
The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the...
Reinsurance group Swiss Re suspended plans for a $4.1 billion initial public offering of British life insurer ReAssure on the...
Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars...
Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a...