Trump Trade Threats May Spawn Risk-Transfer Deals
Lloyd's CEO Beale says insurers may sell more political risk coverage.
By Jonathan Levin, Bloomberg | February 14, 2017 at 08:18 AM
Lloyd's of London CEO Inga Beale said Donald Trump's presidency and the U.K.'s planned exit from the European Union are creating opportunities to sell insurance guarding commercial clients against disruptions in global commerce.
"I wouldn't be surprised if we start seeing much more political-risk insurance being bought all over the place," Beale said in an interview Tuesday in Miami. "Because we're such a specialist insurance, and we provide that type of insurance, you could say that could be seen as an opportunity."
More States Considering Workers' Comp Covid Legislation
Covid presumptions could be joined by new vaccine-related workers' comp laws in several states.
Bank of America Launches Cash Forecasting Tool
Katherine Doherty | January 13, 2022
CashPro Forecasting uses AI to predict a company's future cash positions, taking into consideration seasonality and operational needs.
State Street Says Companies Must Have Women on Their Boards
Saijel Kishan | January 12, 2022
In the next proxy season, the asset manager will invest only in businesses with at least one female board member, and will expect racial diversity on corporate boards, as well.