Risk
TigerRisk Pursues Asia Expansion With Launch of Hong Kong Office
TigerRisk Partners has established a beachhead in Asia, starting with a new Hong Kong office launched via a subsidiary. The Connecticut-based insurance broking and risk/capital management firm said ...
Car Hacking Risks May Go Well Beyond Fiat Chrysler: U.S. Regulator
The cyber security issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety ...
EXOR to Buy PartnerRe for $6.9B; AXIS Gets $315M Breakup Fee
PartnerRe, after fighting for months against an unsolicited bid from the Italian investment firm EXOR, has finally relented, agreeing to its overtures to buy the Bermuda-based reinsurer for $6.9 ...
Is Climate Change Now Its Own Industry?
Interest in climate change is becoming an increasingly powerful economic driver, so much so that some see it as an industry in itself whose growth is driven in large part by policymaking. The $1.5 ...
Global Warming Debate: Should Insurers Ditch Carbon Investments?
Insurers and reinsurers are applying underwriting and risk management expertise to support an environmentally sustainable future, but the question of exactly how they'll use investment dollars toward ...
Public-Private Catastrophe Plan Could Boost UK’s Cyber Risk Resilience: Study
A public-private, cyber-catastrophe reinsurance arrangement would improve the UK's resilience against the growing threat of cyber risks in this interconnected world, according to a recently-released ...
OneBeacon Exits Crop Insurance Business
OneBeacon Insurance Group is getting out of the crop insurance business. The Bermuda-domiciled insurance holding company made it official with the sale of its exclusive managing general agency – ...
Zurich Insurance Reportedly Raising Financing For Possible RSA Takeover Offer
Zurich Insurance Group AG is raising financing ahead of a possible takeover offer for RSA Insurance Group that could come as early as next week, according to people familiar with the matter. The ...