Commercial Lines
Warren Buffett Reduces Holdings of Munich Re Shares
Berkshire Hathaway Inc. and National Indemnity Company stated their shareholdings in Munich Re have fallen below the threshold of 10 percent of voting rights — and now are at 9.7 percent. In an ...
S&P: Specialty Insurers Soar, Serve as Potential M&A Targets
Standard & Poor's sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance ...
Executives On The Move at Hamilton Insurance Group, Swiss Re, Aon Benfield and More
We have promotions and new hires to tell you about at Hamilton Insurance Group, Swiss Re, Aon Benfield and The Geneva Association: ** Hamilton Insurance Group has a new chief financial officer for ...
Typhoon Dujuan Lashes Taiwan, Disrupting Land and Air Traffic
Typhoon Dujuan lashed Taiwan with rain and wind Monday, disrupting land and air traffic and forcing offices, schools and financial markets to shut on Tuesday. The stock markets will be closed for all ...
Cyber Security Field Faces Worsening Gender Gap and Workforce Shortage
Women account for just one out of 10 cyber security professionals, as the gender gap widened over two years in a male-dominated field with a drastic workforce shortage, a survey showed. ISC2, the ...
AmTrust Will Grow Again Through Acquisition With $233M Republic Companies Buy
AmTrust Financial Services will buy Texas-based property/casualty insurer Republic Companies, Inc. for $233 million, continuing an ongoing strategy of growth through strategic acquisitions. The ...
Rig Contractor Transocean Linked to Petrobras Corruption Probe
Transocean Ltd., the world's largest offshore rig contractor, has been linked for the first time to the corruption probe of Petroleo Brasileiro SA, the state-owned energy giant at the center of ...
Catholic Mutual, Church Mutual Insurance Co. Form Business Alliance
Two mutual insurers who generate their business from the Catholic Church and other religious organizations are forming a strategic alliance that will expand each other's reach. Catholic Mutual Group, ...