Leadership & Strategy
European Insurance Forum: Insurers Must Adapt Quickly to Multiple Changes
The long journey toward a unified regulatory system for insurance in the European Union—Solvency II—finally appears to be near its end. With that hurdle behind them insurers and reinsurers have ...
Marsh Links With FireEye to Add Cybersecurity Service
Marsh will work with an IT firm specializing in cyber attacks to help clients evaluate their technology security and boost their ability to respond when a breach hits. The New York-based insurance ...
Insurers Launching Their Own VC Funds Need High Risk Tolerance: Novarica
In small but growing numbers, property/casualty and other insurers are launching in-house insurer accelerators or venture capital funds. Carriers must be clear on their ultimate goal and risk ...
Billionaire John Paulson’s Hedge Fund Grabs $800M AIG Stake
Billionaire John Paulson's hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance ...
Integro Grabs U.K. Marine Broker Kite Warren & Wilson
Integro Ltd., an insurance brokerage and risk management firm based in New York City, has acquired London-based Kite Warren & Wilson Ltd., which specializes in marine hull & liability ...
Willis Re Unveils $400M Facility For Liability Cat; 20 Reinsurers on Board
Willis Re has rolled out a new syndicated reinsurance facility that gives broad protection for insurers against catastrophic and systemic loss accumulations stemming from liability portfolios. The ...
AIG Moves Investment Exec Schreiber to M&A Leadership Role
American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to ...
Cyber Risk Shortfall: Company Property Assets More Broadly Protected Than IT
A new industry survey underscores how companies aren't yet adequately covering their information technology risks, even as as cyber vulnerabilities rapidly become more costly and serious. Among the ...