Editors' picks for the week include interviews with the CEOs of W. R. Berkley and JLT Specialty USA, and CFIUS' approval of the Genworth/China Oceanwide deal may offer hope for other Chinese would-be acquirers of U.S. targets.
Rethink urged after insurers' 'indefensible' Salisbury poisoning response
Insurers are being urged to rethink their blanket exclusion of chemical attacks after the March 4 poisoning of a former Russian double agent in the English city of Salisbury triggered uninsured business interruption losses for local firms.
Geopolitical, cyber-related risks on the rise, says JLT Specialty USA CEO
Patrick Donnelly, President and CEO of JLT Specialty USA, spoke with S&P Global Market Intelligence about trends in risk management and the growing role of insurance technology in managing risk.
1 NAIC 'IRIS ratio' rendered irrelevant by challenging investing environment
Rising interest rates have yet to translate into improved investment results for the entire U.S. property and casualty industry, though the combination of that macroeconomic trend and a lower U.S. corporate tax rate should eventually provide tailwinds.
Genworth deal shows possible route for Chinese buyers to win US approval
Obtaining clearance from the Committee on Foreign Investment in the U.S. is not only a major step for China Oceanwide Holdings Group Co. Ltd.'s proposed acquisition of U.S. insurer Genworth Financial Inc., but may also offer hope for other Chinese would-be acquirers of U.S. targets.
W.R. Berkley CEO: With new US tax rate, foreign insurers must change to compete
W. Robert Berkley Jr., president and CEO of W. R. Berkley Corp., recently spoke with S&P Global Market Intelligence about the tax rate and other regulations that his company, and the property and casualty insurance industry, are keeping a close eye on.