Leadership & Strategy
FERMA Survey Reveals Dissent Over Management of Top Risks
Risk managers are not satisfied with the level of mitigation for six of the top 10 risks "that keep their CEO awake at night," which is one of the key findings of the 2014 Risk Management ...
Earthquake Bonds: California Plans to Sell $350M of Them
The California Earthquake Authority, the largest seismic insurer in the U.S., is selling $350 million in bonds to strengthen its ability to pay claims, after the state's first death due to a quake in ...
Willis Group, Miller Confirm Deal Talks on London Wholesale Biz
Willis Group Holdings and Miller Insurance Services LLP announced that they have entered into exclusive talks to combine London wholesale businesses to trade under the Miller brand. The resulting ...
ACE Women’s Forum: Setting the Stage for Inclusiveness
At ACE, we have long recognized that the business case is strong for a diverse leadership pool and, as a result, we continue to help cultivate the careers of many professional women who can step into ...
Ebola Spread Could Spur Big Business Interruption Losses: AIR Worldwide
With an ongoing outbreak of Ebola in West Africa shows no sign of slowing, AIR Worldwide predicted business interruption losses in a number of areas, but questions whether existing coverage will be ...
Global Indemnity to Snatch Up Assurant’s American Reliable Business
Global Indemnity plc will snatch up a specialty property/casualty company owned by Assurant in a deal worth about $394 million and possibly more. The insurer and reinsurer plans to seal the deal for ...
The FSB Wants Feedback on Policies For Systemically Important Insurers
The Financial Stability Board (FSB) is seeking public comment on proposed guidance "for the identification of the critical functions and critical shared services for systemically important insurers." ...
Marsh Brings on New CFO to Replace Malvasio
Marsh has chosen a new chief financial offer to replace the long-time executive who currently has held the position and is retiring. The insurance broker and risk management subsidiary of Marsh & ...