Hannover Re has developed an additional retrocession tool that for the first time enables the capital markets to participate directly in coverage of its cyber risks through a quota share cession. Longstanding partner Stone Ridge is supporting the transfer with …

This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Berkshire Hathaway Specialty Insurance (BHSI) and Marsh. A summary of these new hires follows here. Generali GC&C Appoints Former Tokio Marine Exec Kanu as CEO …

Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time. The insurer’s Q4 combined ratio increased 6.5 points to 94.5 as catastrophe losses …

When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually saying anything unique. Carlos Wong-Fupuy, a senior director for AM Best, who spoke during an online briefing Monday, referred to …

The UK is failing to address menopausal discrimination in the workforce, an issue that led to women quitting their jobs due to a lack of employer support, a committee of lawmakers said. Conservative MP Caroline Nokes criticized the government response …

Working from home is saving commuters around the world 72 minutes a day, time they’re splitting between their jobs, leisure and caregiving, a new study shows. Remote staff are saving the most time in China, where forgoing the trek to …

Australia’s hospitals and health care system are at a high risk from cyberattackers targeting citizens’ personal data, the home affairs minister said, adding the country needed to step up its efforts to combat hacking attempts. Speaking ahead of an international …

Marshall & Sterling Names New Senior Leadership Team Marshall & Sterling Enterprises, Inc., has appointed Eric Diamond as chief executive officer. Prior to joining Marshall & Sterling in 2009, Diamond was president of JS Diamond Group, Inc., overseeing business development, …

ALEXANDRIA, Va. (AP) — A jury on Friday rejected a woman’s allegations that a former police chief in Virginia and three other officers protected a prostitution ring that she said trafficked her. The eight-person civil jury found that the woman, …

A federal judge on Monday dismissed a lawsuit by three former Whole Foods employees who said they were illegally fired for opposing the upscale grocery chain’s alleged discriminatory discipline of workers who wore “Black Lives Matter” masks. U.S. District Judge …

Frontline Insurance Co. has sparked confusion and concern from agents and insureds after the carrier last week sent out differing information about its financial rating agency. The potential good news for agents and policyholders: Freddie Mac, the quasi-government corporation that …

Investigators on Thursday released the identity of the person who was shot and killed by law enforcement officers who were trying to clear protesters camping at the site of a planned Atlanta-area public safety training center that opponents have dubbed …