Leadership & Strategy
Hamilton USA Becomes Valiant Insurance’s Latest Owner
Valiant Insurance Company has traded hands again. This time, the new owner is Hamilton USA, the New Jersey-based insurance operations of Hamilton Insurance Group. Here's the transaction in detail: ...
P/C Insurers Seize Cyber Coverage Market Opportunities
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that's been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are ...
Berkshire Hathaway Specialty Unveils New Coverage For Executives
Berkshire Hathaway Specialty Insurance is rolling out out insurance coverage to address exposures for executives and their companies regarding oversight of their employee benefit plans. Dubbed ...
AIG Launches $1B Rail Catastrophe Policy
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped ...
XL Group’s Reinsurance Head is Retiring
There's a big executive change coming at XL Group plc: the head of its Reinsurance division will retire at the end of 2014. XL Group, a global insurance and reinsurance company, said it has already ...
Bond Insurer MBIA Hit By Data Breach; Wide Net of Damage Likely
Bond insurer MBIA was told two weeks ago about a server breach that compromised the data of thousands of local U.S. government entities, but it did not address the problem until earlier this week, ...
Willis Gains Swedish OK for $205M investment in Max Matthiessen
Willis Group Holdings plc said it's gotten a pivotal O.K. from Swedish regulatory authorities to complete its acquisition of a 75 percent stake in Max Matthiessen, a personal insurance, health plan ...
Aon Benfield: India, Pakistan Flooding 2014’s Costliest Weather Event So Far
The costliest weather event so far 2014 involved torrential monsoon rains and catastrophic flooding in India and Pakistan in September, Aon Benfield concluded in a new report. The firm's September ...