Insurers do not have enough capacity to cover some $23 trillion in global pension liabilities against the risk that people will live longer than expected and should seek to pass such longevity risk through to investors, Swiss Re said on Monday.
Any restaurant that keeps electronic data and uses the Internet as part of its business operations is exposed to risk that may not be covered under the standard commercial insurance policy.
This policy is underwritten by Zurich in North America, and helps protect plaintiffs and defendants from having to pay their adversary's attorneys' fees should they lose their contract case.
Aspen provides reinsurance and insurance coverage to clients in various domestic and global markets through wholly owned subsidiaries and offices in Bermuda, France, the United States, the United King
Chicago-based insurance broker Hub International Limited said it acquired California-based brokerage firm FLF Inc., also known as Diversified Risk Insurance Brokers Inc. Monetary terms were not releas
Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. said it has expanded into New England with the acquisition of Boston Insurance Brokerage Inc. Terms of
Roger Schwartz, senior vice president of Aon trade credit and political risk practice, said the net result of the nationalization threat is that coverage for political risk will become more expensive
Indeed, Congress is likely to "let history repeat itself" by waiting until the last minute next year before passing any extension of the current Terrorism Risk Insurance Act--if it acts to extend the p
Indeed, Congress is likely to "let history repeat itself" by waiting until the last minute next year before passing any extension of the current Terrorism Risk Insurance Act--if it acts to extend the p