Commercial Lines
Apple Readies Privacy Legal Fight Against iPhone Decrypt Order
A court order demanding that Apple Inc help the U.S. government unlock the encrypted iPhone of one of the San Bernardino shooters is shaping up as a crucial test case of how far the government can go ...
As Price Plunges Continue, Reinsurer Loss Buffers Are Drying Up: Allianz Re
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according to the head of Allianz SE's reinsurance unit. "I don't think there are too ...
Global Reinsurers’ Strong Capital Position Counteracts Competitive Pressures in 2016: S&P
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor's ...
PartnerRe Shareholders to Get $42.7M as Part of EXOR Acquisition
PartnerRe disclosed that holders of its preferred shares will get a $42.7 million cash payment – one of the final steps needed when Italian investment firm EXOR acquires it in a $6.9 billion deal. ...
Howard Succeeds Boyle as International Editor for Wells Media
L.S. Howard has been appointed international editor for Insurance Journal and Carrier Management. The London-based journalist succeeds Charles E. Boyle, who retired at the end of 2015 after 17 years ...
The Latest Launches from Berkshire Hathaway Specialty Insurance, TigerRisk and More
Berkshire Hathaway Specialty Insurance unveiled two new products targeting nonprofits and the construction industry. TigerRisk found a partner with which to develop flood reinsurance analytics. ...
Hamilton CEO Duperreault Will Add ‘Chairman’ to Title; Weill Retiring
Hamilton Insurance Group CEO Brian Duperreault will add "chairman" to his title, the Bermuda-based property/casualty insurance and reinsurance holding company has disclosed. The leadership tweak is ...
AIG Attracted Investment from Hedge Fund Jana Partners in Q4
Jana Partners LLC, the hedge fund founded by Barry Rosenstein, added stakes in pharmaceutical companies and American International Group Inc. while exiting its position in Hertz Global Holdings Inc. ...