Earth Is Hotter Than at Any Time Since Start of Industrial Revolution: Report January 10, 2020 By Jonathan Tirone The last five years on Earth have been hotter than at any time since the industrial revolution kicked off almost...
Australians Evacuate Their Homes as Soaring Temperatures, Winds Fan Bushfires January 10, 2020 By Colin Packham and Swati Pandey Australia urged nearly a quarter of a million people to evacuate their homes on Friday and prepared military backup as...
Carpenter’s Global Property Catastrophe Index Rises by 5% in January Renewals January 10, 2020 Pricing corrections in the property catastrophe reinsurance market over the last few years have been localized and mitigated to some...
U.K. Lawmakers Approve EU Exit at End of January with 11 Months of Trade Talks Ahead January 9, 2020 Lawmakers approved legislation on Thursday which will allow Britain to leave the European Union on Jan. 31 with an exit...
Willis Re Taps Buxton from Allianz as Managing Director, Int’l Customized Reinsurance January 9, 2020 Willis Re, the reinsurance subsidiary of Willis Towers Watson, announced the appointment of Simon Buxton as managing director of its...
Coverys European Holdings Buys AEC SpA, Rome-Based Lloyd’s Coverholder, Broker January 9, 2020 Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the...
‘Impossible’ to Agree to Full EU-U.K. Brexit Trade Deal by Year End: EU Head January 9, 2020 By William James and Marc Jones Britain will find it “basically impossible” to negotiate all aspects of its future relationship with the European Union by the...
Travelex Ransomware Attack Part of Growing Trend in Cyber Crime: CyberCube January 9, 2020 By L.S. Howard The ransomware attack against U.K. foreign exchange firm Travelex is just a taste of what’s to come with cyber crime,...
Beazley and RenaissanceRe Launch Cyber Catastrophe Cover Backed by Capital Markets January 9, 2020 Specialist insurer Beazley and reinsurer RenaissanceRe have jointly launched a product that provides Beazley with additional catastrophe cover for cyber...
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short January 9, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...