Commercial Lines
Brindle’s Fidelis Insurance Holdings Debuts With $1.5B in Equity Raised
Fledgling Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Ltd. raised a massive $1.5 billion in equity capital, a major accomplishment for the industry. What's more, Fidelis ...
Tokio Marine Broadens Diversification with $7.5B Purchase of HCC Insurance
Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese ...
Guy Carpenter Adds Financial Institutions and Cyber Components to GC ForCas Platform
Global risk and reinsurance specialist Guy Carpenter on Monday announced the launch of the Financial Institutions and Cyber components of its GC ForCas casualty catastrophe modeling platform. Guy ...
Executives On The Move at Beazley, Berkley and More
RSA, Beazley, W.R. Berkley and JLT Re have recently put in place a number of executive promotions meant to facilitate expansion and growth. Here they are: *** RSA said it is promoting Suzy Tiffany to ...
U.S. Safety Officials Call For Collision Prevention Systems in Cars and Trucks
U.S. safety officials on Monday called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and ...
Obama Urges Congress to Quickly Pass Cyber Security Legislation
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has ...
CNA’s 5 Ways to Strengthen Cyber Risk Management
A new CNA blog item offers a number of tips for businesses to strengthen their management of cyber risks. Written by CNA's David Hallstrom, director of Information Risk Insurance, the write-up ...
RIMS: Enterprise Risk Management Does Indeed Help Spot Cyber Risks
A whopping 77 percent of risk management professionals credit enterprise risk management with helping them spot cyber risks at their companies. That is one of the major findings from the Risk and ...