Reinsurance

Record-breaking Hurricane Harvey became the second-costliest storm to hit the U.S. and dropped more rain than any other system ever.

Fresh reporting from Aon Benfield pegs 2017 as the costliest year on record for weather disasters, with the tally for losses and recovery reaching $353 billion.

Travelers sues Nationwide and two others insurance companies claiming it breached its reinsurance contract with the insurance giant.

While the identity of Buffetts successor has remained a mystery for years, he has said he wants the next leader to be drawn from the companys ranks, relatively young and unmotivated by ego.

Researchers analyze the effects of 2017's costly natural disasters, and offer guidance on how insurance professionals should prepare for future events.

As the risk for further extreme weather events remains imminent, the role of reinsurers will prove crucial.