Demand for Trade Credit Insurance Grows Rapidly, as Brexit Fuels Insolvency Concerns October 16, 2019 By Carolyn Cohn Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due...
RenaissanceRe Estimates Third Quarter Natural Catastrophe Losses of $155 Million October 16, 2019 RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact...
Everest Re Group Estimates Q3 Catastrophe Losses of $280 Million October 16, 2019 Everest Re Group Ltd. announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2019 in the amount...
Generali’s Results Prove It Has Right Strategy, Says Chairman October 16, 2019 The good results Generali has racked up are proof that the insurer is well run and has the backing of...
Post-Brexit Trade Deal for Financial Services Less Vital as UK Firms Set Up EU Hubs October 16, 2019 By Huw Jones The growing tally of UK-based banks, insurers and asset managers opening hubs in the European Union means that a post-Brexit...
AXA Weighs Selling Central European Business, to Exit Non-Core Markets: Sources October 15, 2019 By Anna Koper and Arno Schuetze French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it...
Blockchain Initiative, B3i, Deploys Cat Excess of Loss Product for January Renewals October 15, 2019 B3i announced it has released the latest version of its property catastrophe excess of loss (XoL) reinsurance application in time...
Finance District Leader Calls Brexit a ‘Moment of High Risk’ for London October 15, 2019 By Huw Jones and Andrew MacAskill Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City...
London Retains Status as Top Global Financial Services Center, Despite Brexit Chaos October 15, 2019 By Andrew MacAskill, Sinead Cruise and Huw Jones From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the...
Australia Steps Up Biosecurity at Airports to Prevent Deadly African Swine Fever October 15, 2019 By Jason Scott Australia banned a traveler from visiting for three years after she failed to declare her suitcase was loaded with food,...