Reinsurance

The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.

Hannover Re said it sold its entire stock portfolio, worth about $1.1 billion, to help pay for claims from hurricanes and earthquakes.

Mother Nature took a toll on Berkshire Hathaway Inc. in the third quarter.

The governments own data points very clearly to the magnitude of the effects of weather and climate disasters in the U.S.

Looking back at Superstorm Sandy on its fifth anniversary, Allianz has some recommendations for clients in a new report.

Results from Zurich Insurance's annual Advisen Cyber Survey were presented and analyzed at this year's Cyber Risk Insights Conference in New York.

Investors may be 'sorely disappointed' when reinsurers dont see quick rebounds in book values as they did after past storms, Bloomberg Intelligence analyst Jonathan Adams said.

The measure, passed 82-17, gives Puerto Rico access to $4.9 billion in low-interest Treasury loans and would also replenish the troubled National Flood Insurance Program, which runs out of money as early as this week.