Insurance

E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the group’s German business, expects further price increases and improved conditions during the Jan. 1, 2024 reinsurance renewals. Natural disasters and persistently high inflation have again taken a toll on the …

MILLERSVILLE, Tenn. (AP) — Two children died in a blaze that broke out early Wednesday at a Middle Tennessee home, officials said. The children were in the Millersville home with one parent when the fire was reported around 1:15 a.m., …

Two hospitals in New York were hit with a cyberattack and had to divert patients to other facilities, hospital officials said Friday. The cyberattack affected computer systems at HealthAlliance Hospital in Kingston along with Margaretville Hospital and Mountainside Residential Care …

Jensten, the London-based independent insurance broking group, has completed the acquisition of Berns Brett following regulatory approval. Financial details of the deal were not disclosed. With offices in London, West Sussex and Cavan, Ireland, Berns Brett brings a team of …

AXA XL Risk Consulting announced the launch of AXA Immersive Solutions, an innovative training solution leveraging virtual reality (VR) and digital twin technologies. AXA Immersive Solutions gives AXA XL’s risk consultants access to a 3D model of a standard factory …

Hurricane Norma came ashore near the Pacific resort of Los Cabos at the southern tip of Mexico’s Baja California Peninsula on Saturday afternoon. Hours later, Hurricane Tammy made landfall on the Caribbean island of Barbuda. The storms were each Category …

British workers coming into the office every day outnumber those who spend part of the week working from home, for the first time since the end of pandemic restrictions. A survey by recruitment company Hays Plc of nearly 15,000 white-collar …

Bermuda-based global specialty insurance firm R&Q Insurance Holdings said on Friday it would divest its insurance and program management business, Accredited, to Onex Corp. for an enterprise value of $465 million. Proceeds from the sale, expected to be around $300 …

Starbucks accused a union representing thousands of its baristas of damaging the brand and endangering co-workers with a pro-Palestinian tweet. The CEO of a prominent tech conference resigned amid backlash for his public statements suggesting that Israel was committing war …

The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of respondents to a Federal Reserve survey on financial stability, the U.S. central bank said on …