risk transfer News

New RIMS Leader: Understanding Risks Around Technology is Imperative

The culture at technology startups like Uber, Airbnb and PayPal is all about risk-taking. They start by offering a unique, untested or reimagined product or service or by disrupting an industry’s established production, distribution or sales methods. To succeed long-term, …

The Changing Landscape of Business Interruption Claims

The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a webinar hosted by Marsh, insurance experts detailed the top five issues related to business interruption …

Chartis to Shift Asbestos Liabilities to Berkshire’s National Indemnity

American International Group said today that its global property/casualty insurer Chartis will transfer the bulk of its legacy asbestos liabilities to National Indemnity Co. (NICO), a subsidiary of Berkshire Hathaway Inc. Chartis said the transaction is part of its ongoing …