Analysts Say Low Interest Rates to Drag on Insurer Profits, Dividends Long-Term March 27, 2015 By Jonathan Gould Rock-bottom interest rates could erode insurers’ earnings power and financial strength for years to come, putting an end to a...
Earth’s Surface Rising in North America, Europe: After-Effect of Ice Age March 27, 2015 By Brian K. Sullivan In the U.S., this past year has had more than enough reminders of how weather can affect our lives. California...
Meltdown at RSA’s Irish Unit Laid Bare at Dublin Employment Tribunal March 27, 2015 By Joe Brennan Philip Smith’s son thought the worst when friends texted him on an evening in early November 2013, saying “sorry to...
Yemen Conflict Could Disrupt Major Oil Shipping Route; Insurers Pull Back March 27, 2015 By Jonathan Saul Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab...
Germanwings Crash Shows Need for Protections Against Suicidal Crew Members March 26, 2015 By Alan Levin and Mary Schlangenstein The suspected intentional destruction of a Germanwings jet by a pilot shows the need for new protections against suicidal crew...
Miller Appoints Milner to Help Build Cyber & Technology Book March 26, 2015 Miller, the London-based specialist insurance and reinsurance broker, has hired Simon Milner, in a production and broking role in the...
Shipping Losses Down in 2014 But New Threats Loom: Allianz March 26, 2015 Shipping losses declined to 75 during 2014, a 32 percent drop from the previous year and well below the 10-year...
Regulators Concerned About Risks in $75 Trillion Shadow Banking Sector March 26, 2015 By Huw Jones Authorities are nowhere near to fully understanding “shadow banking” as the $75 trillion sector morphs and grows under the influence...
EU, US Insurers Lost $400 Billion from Continued Low Interest Rates: Swiss Re March 26, 2015 A study, – “Financial repression: The unintended consequences -” released by Swiss Re, notes that “seven years after the financial...
Lloyd’s Reports US$4.9 Billion (£3.2 Billion) Profit for 2014, Level With 2013 March 26, 2015 Lloyd’s announced a pre-tax profit of US$4.9 billion (£3.2 billion) for 2014, which is unchanged from the profit figure reported...