Strategy
Ironshore Boosts Global Property Energy Capacity As Sector Competition Soars
Ironshore's global property energy division boosted its capacity limits from $25 million to up to $35 million, even as the sector faces increasing competition in the face of plunging oil prices. ...
Ex-Goldman Dealmaker Becomes Willis Co-CEO of Banking
Willis Group Holdings Plc named Rafal Walkiewicz and Michael Guo co-chief executive officers of the investment-banking operation as the insurance broker seeks business arranging deals and betting on ...
U.S. CEOs Enjoyed a 12 Percent Pay Raise in 2014: Towers Watson
Chief executive officers of U.S. companies got a 12.1 percent pay raise in 2014, mainly driven by increases in the value of pension benefits, an analysis showed on Thursday. Towers Watson & Co, a ...
NY Fed Beefs Up Chicago Office in Disaster Risk-Reduction Plan
The New York branch of the U.S. Federal Reserve, wary that a natural disaster or other eventuality could shut down its market operations as it approaches an interest rate hike, has added staff and ...
AIG Buys Piece of Cyber Risk-Reduction Firm
American International Group has invested in a global investigative consultancy in a bid to deepen its ability to help clients combat cyber risks. Financial details aren't being disclosed. But AIG is ...
Executives On The Move at CNA, Lloyds, ACE and More
We have new executive appointments to tell you about from CNA, The MEMIC Group, Lloyds, ACE Group and Beazley. *** CNA Financial Group said it named an XL Group veteran as its new executive vice ...
Erie Insurance Joins Commercial Drone Bandwagon
Erie Insurance is joining the drone bandwagon with news that it has obtained conditional Federal Aviation Administration approval to use the technology in its claims and underwriting processes. ...
PartnerRe Gains Second Suitor in EXOR With Its $6.4B Cash Bid
European investment company EXOR has emerged as a second suitor for PartnerRe Ltd. with the announcement of its proposed $6.4 billion all-cash acquisition of the Bermuda-based reinsurer. If accepted, ...