Attorney for Libby Mine Claimants Hopes to Undo $500M Loss Portfolio Deal March 23, 2022 By Jim Sams A Montana attorney who helped win a $36.5 million jury verdict for a worker exposed to asbestos at the Libby...
Munich Re to no Longer Cover Events Canceled for Pandemics December 8, 2020 FRANKFURT/MUNICH — German reinsurance group Munich Re will no longer insure against events canceled due to pandemics, a board member...
Munich Re Expects $1 Billion Bill For Coronavirus Claims May 7, 2020 FRANKFURT — Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the...
Farmers, Aspen Re, Atlas Announce Appointments June 7, 2019 Noh Replaces Myhan as Farmers CFO Farmers Insurance announced the appointment of Thomas Noh as the new chief financial officer...
Berkshire’s Jain Offers Plan to Reduce Costs at Gen Re August 25, 2016 By Noah Buhayar Ajit Jain, one of Warren Buffett’s top managers at Berkshire Hathaway Inc., has a message for the staff that he...
XL Confirms Possibility of Acquiring Catlin Group December 17, 2014 Acknowledging the announcement made by Catlin Group Limited, XL Group plc confirmed that it is engaged in preliminary discussions with...
Disasters Caused Less Damage in 2013: Munich Re January 7, 2014 Natural catastrophes like floods and storms claimed more than 20,000 lives and caused around $125 billion in damage worldwide in...
Swiss Re Sees 2013 Total Disaster Cost at $130B December 19, 2013 By Katia Dmitrieva Swiss Re AG, the second-largest reinsurer worldwide, said natural and man-made catastrophes in 2013 caused $130 billion in economic losses...
Hannover Re Sees Higher Rates in Germany on Floods, Hailstorms October 21, 2013 By Oliver Suess Hannover Re, the world’s third- largest reinsurer, said it expects higher rates for insurance and reinsurance in Germany following this...
Iran Ship Insurer Will Meet Western Claims March 2, 2012 By Clare Baldwin Tough new U.S. sanctions against Iran are raising concern that the OPEC member’s insurers may not be able to pay...