Global Economy
Swiss Re Begins Singapore-Based Big Data Risk Reduction Initiative
Swiss Re will collaborate with four schools within the National University of Singapore on risk-reduction projects involving big data, business analytics and information technologies. Plans call for ...
Zurich to Establish U.S. Apprenticeship Program With an Eye on Younger Talent
Zurich Insurance Group plans to launch a U.S.-based apprenticeship program in a bid to identify new blood for the industry and develop their skills. Plans call for launching the program in 2016, with ...
Tokio Marine’s $7.5B Grab For HCC Keeps Its Global Growth Engine Running
Tokio Marine Holdings' planned $7.5 billion acquisition of HCC Insurance Holdings announced June 10 is all about keeping global growth and diversification growing, and making that happen by snatching ...
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 ...
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 ...
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 ...
Lawmakers Urge U.S. Retaliation For Massive Hacking of Worker Data
The Obama administration should retaliate for a cyber-attack on federal employee records that was the worst breach the U.S. government has ever suffered, members of Congress said on Sunday. "There ...