Willis to Compete With Banks Pursuing Asia M&A

Willis Group Holdings Plc's Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising ...

Verisk: Q1 Cat Bond Issuance Climbed to $1.5B

Catastrophe bond issuance crossed the crucial billion-dollar threshold for the second year in a row in Q1, and cat bond lite momentum also continued its upward trend, according to a new report from ...

XL Launching VC Initiative to Fund Innovation

XL Group has announced the creation of a new venture capital initiative, XL Innovate. XL Innovate will be financially backed by XL and will invest in companies that have a strategic focus on ...

Allianz P/C Earnings Hit Below Expectations

German insurer Allianz raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections ...