Chart Asia Up

Asia Ripe For Reinsurance Expansion, Fitch Says

Softening premium rates in Asia and the market’s broad potential for growth is spurring a regional spike in demand for reinsurance, Fitch Ratings has concluded in a new report. What’s more, that ...
Stuart Parker, portrait

USAA Names New CEO From Within

USAA, the insurance and financial services giant, has named a longtime internal executive with experience running its property/casualty arm as its next CEO. Stuart Parker becomes USAA’s new chief ...
M&A, Mergers and Acquisitions

Enstar to Pay $218M For South Carolina P&C Company

Bermuda-based Enstar Group Ltd. said it will grab Companion Property and Casualty Insurance Company from Blue Cross Blue Shield of South Carolina for $218 million. The deal represents an expansion of ...
Maurice R. Greenberg

Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward

A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...