Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by...
International & Reinsurance News
Impact Forecasting, Aon Benfield’s catastrophe model development unit, launched a catastrophe model to estimate the financial impact of earthquakes in...
Hardy Underwriting Asia Pte Ltd (Hardy Asia), a subsidiary of CNA Financial Corporation, has promoted Chris Wright as director and...
The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded...
Hannover Re, the world’s third- largest reinsurer, expects more than 5 billion euros ($6.4 billion) in losses from two storms...
Since January the rating agencies have become increasingly negative on their outlook for ratings in the reinsurance sector overall, while...
Global multiline insurers (GMI) continue to show strong credit quality, according to Standard & Poor’s Ratings Services. S&P provided an...
Swiss Re Ltd., the world’s second- largest reinsurer, said better models and oversight will prevent substantial losses as the industry...
Willis Group Holdings and Miller Insurance Services LLP are engaged in talks to merge their wholesale insurance businesses. The resulting...
Risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their...