Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all of the losses their company would incur in a cyber attack. Many of the losses they foresee, however, are rarely covered …
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted …
Luxembourg said it is “very pleased” that about 50 asset managers, insurers, and other financial firms have looked to the Grand Duchy as a foothold in the European Union once the U.K. leaves the bloc. “We are very pleased with …
FM Global, a commercial and industrial property insurer, has named Deanna Fidler as senior vice president and chief human resources officer. In this role, she is based at FM Global’s corporate offices in Johnston, R.I., and succeeds Enzo Rebula, who …
Every $1 a business spends on hurricane protection reduces loss exposure by an average of $105. That’s based on an analysis by global commercial and industrial property insurer firm FM Global, which reviewed loss and mitigation information from thousands of …
Jonathan W. Hall, chief operating officer of commercial and industrial property insurer FM Global will retire on July 1, 2018, after 37 years with the company. During his tenure with FM Global, Hall has held a variety of leadership positions. …
Insurers are considering raising premiums for tall buildings in Britain with flammable cladding panels and no sprinklers or even excluding related risks following the Grenfell fire in London earlier this year. Inquiries into the tragedy, which killed up to 80 …
Everest Re Group Ltd. has said its Dublin-based unit has received approval from the Central Bank of Ireland to become a non-life insurer, joining a growing list of insurers setting up regulated EU operations in case Britain does not have …
FM Global, the Johnston, R.I.-based commercial property insurer, has made key changes to its management team, moving Stefano Tranquillo and David M. Johnson into new roles in EMEA/Asia Pacific and the Asia region. Stefano Tranquillo has been appointed senior vice …
Commercial property insurer FM Global has opened the FM Global Learning Center, a facility in Norwood, Mass., where employees and clients will explore property-loss prevention and insurance-related training through specially designed classrooms. The 27,000-square-foot, $15 million structure more than doubles …
