Pirate Kidnappings in Waters Off Coast of West Africa Rise by 40%: Study October 15, 2020 By Yinka Ibukun and Antony Sguazzin The number of kidnappings reported off the West African coast in the year through September is 40% higher than the...
Munich Re Forms Partnership to Help Create ‘Pay-Per-Part’ Model for Manufacturers October 14, 2020 The TRUMPF Group and Munich Re Group are entering into a strategic partnership for a “pay-per-part” business model, which enables...
AXIS Capital Estimates Q3 Pre-Tax Catastrophe Losses of $225M-$255M October 14, 2020 AXIS Capital Holdings Ltd. announced a preliminary pre-tax net loss estimate in the range of $225 million to $255 million...
Arch Capital Group Estimates Q3 Natural Catastrophe Losses of $190M-$210M October 14, 2020 Arch Capital Group Ltd. estimates its pretax third quarter natural catastrophe losses could range from $190 million to $210 million....
RenaissanceRe Estimates Net Negative Impact of $325M from Q3 Natural Catastrophes October 14, 2020 RenaissanceRe Holdings Ltd. announced it estimates that natural catastrophes during the third quarter of 2020 will have a net negative...
Climate Change Will Increase Weather Disasters and Need for Humanitarian Aid: U.N. October 14, 2020 GENEVA – In the wake of heat waves, global warming, forest fires, storms, droughts and a rising number of hurricanes,...
Nearly 9 of 10 Workers Want to Maintain Option to Work from Home: Survey October 14, 2020 LONDON — Nearly nine out of 10 workers want to be able to choose whether to work from home or...
Private Equity Investor BP Marsh Increases Stake in EC3 Brokers October 13, 2020 EC3 Brokers has received a new investment from existing shareholder BP Marsh & Partners, which will take its holding in...
The Impact of Political Risks on Businesses October 13, 2020 By Bjoern Reusswig Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently,...
ArgoGlobal Announces Reinsurance-to-Close Deal with Legacy Specialist RiverStone October 13, 2020 ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced a reinsurance-to-close (RITC) transaction with legacy specialist RiverStone Holdings. Upon...