The U.S. Midwest and Ohio Valley, including Chicago and Cincinnati, face an enhanced, or level 3, risk of severe thunderstorms. That’s triggered numerous flood warnings and watches from Indiana into western Pennsylvania and Virginia, the National Weather Service said. As …
Insurers Want a Bigger Slice of the Bank Risk Transfer Boom
Insurers are aiming for a bigger slice of the market for significant risk transfers this year as banks step up their use of the hedging