Investment Officers
Swiss Re Expects Catastrophe Reinsurance Prices to Keep Falling
Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to ...
Cat Bond Q1 Issuance Hit $2B, a New Record
Catastrophe bond issuance hit $2 billion during the first three months of 2016, making it the most active first quarter in market history, according to the latest report from the Property Claim ...
Reinsurance Use of Alternative Capital Grew 12% in 2015: Aon Report
Alternative capital continues to make its presence felt in the reinsurance market, increasing by 12 percent during 2015 to $72 billion, while traditional capital decreased by 4 percent to $493 ...
Travelers CEO Schnitzer Urges Congress to Reduce Corporate Taxes
Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. "We continue to see the U.S. ...
Anbang Insurance Pulls $14B Bid for Starwood Hotels
A group led by China's Anbang Insurance Group Co. withdrew its $14 billion takeover bid for Starwood Hotels & Resorts Worldwide Inc., clearing the way for a purchase by Marriott International ...
Chubb Designs New Coverage for Independent Directors of Mutual Funds
Chubb started marketing a new policy designed to help protect independent directors of mutual funds. The product's name: CODA Premier Mutual Fund Independent Director Liability Excess DIC policy. ...
Cyber Risk and Low Interest Rates are Top Insurer Worries: A.M. Best
Cyber risk has emerged as a top insurance industry concern, though the low interest rate environment remains as a significant worry, A.M. Best found in a new report. Thirty-one percent of respondents ...
China Tech Outfit Discloses Intent to Buy Unnamed Reinsurance Group
A Chinese high-tech operation said it plans to snatch up a group of reinsurance companies in a diversification move. China Goldjoy Group Ltd., formerly known as World Wide Touch Technology Holdings ...