Emerging Markets
XL Catlin Seeks to Spur Africa Market Growth With New Reinsurance Unit
XL Catlin is hoping to spur growth of the insurance market in Africa with the establishment of a new unit focused on providing facultative and treaty reinsurance across the continent. "Traditionally ...
The Latest Launches From Chubb, BHSI, Ironshore and More
Chubb added beefed up technology company coverage in the U.K. and Ireland. Berkshire Hathaway Specialty Insurance brought its directors and officers insurance products to Asia. Ironshore has now ...
New Capital Rules Poised to Transform Kenya’s Insurance Industry
A push by Kenyan regulators to clean up the East African country's insurance industry is poised to trigger stake sales or exits by underwriters unable to meet the new capital requirements, according ...
I.I.I. Picks Ex-Zurich Exec/Bush Administration Vet as New CEO
The Insurance Information Institute has chosen its new leader – an ex- public affairs executive for Zurich Insurance Group who also once worked for President George W. Bush's administration in ...
Brexit May Hinder U.K.’s Ability to Tackle Climate Change
The U.K.'s decision to leave the European Union could make it more difficult for the country to cope with rising seas, floods and the spread of tropical diseases compounded by climate change, ...
A.M. Best, SNL Financial Settle Copyright Infringement Suit
A.M. Best Company has resolved a copyright infringement lawsuit against SNL Financial dating back to 2011. Neither side is disclosing detailed terms of the confidential settlement, which addresses ...
Colorado State Hikes Atlantic Hurricane Forecast Up to 15 Storms
Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year. The new prediction is that six of those storms will become hurricanes and two ...
China’s Fosun Pledges Ironshore Will Hit IPO ASAP This Year
Fosun Group, China's biggest private conglomerate, will list U.S. property/casualty insurer Ironshore Inc "as soon as possible" this year, Guo Guangchang, the company's billionaire co-founder and ...