Moodys reduced QBEs issuer and senior unsecured debt ratings to Baa2 from Baa1, following Mondays announcement by QBE in which the Australia-based property and casualty firm reported the expected losses related to the writedown of intangible assets of some $930 million.
Rising labor and other costs overseas, the desire to reduce supply chain uncertainty and increased transportation costs are driving interest in re-shoring by U.S. producers of goods.
Airlineratings.com recently analyzed 425 airlines around the world, ranking them based on their flight safety records. Click to see the top 10 safest airlines worldwide.
NU interviewed Rob Schimek, president & CEO of the Americas for AIG Property Casualty, on the carriers thoughts about a continued federal backstop for terrorism risk insurance.
Prepping for the next terrorism attack on U.S. Soil is on the minds of many insurers as the country nears expiration of TRIA. The fear is not if, but rather when another assault on the U.S. occursand conversely, not when the industry pays those claims, but if it is able...
It is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act is not renewed, but some industry experts fear workers compensation could be the biggest source of claims in any future attack on U.S. soil.
The recent attack of the Westgate Mall in Nairobi, Kenya highlights the reality of modern terrorism: frequent, small attacks in crowded public places. NU-PC360 speaks with Corina Muller Monaghan, head of North America Crisis Management with Towers Watson, about what companies should be looking for when purchasing Terrorism Insurance.