Markets
AIG Narrows Focus With Deal to Sell Taiwan Consumer Insurer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, agreed to sell a consumer operation in Taiwan as Chief Executive Officer Peter Hancock narrows the company's ...
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 ...
Hiscox Expands Tailor-Made Solutions for Professionals
Specialist insurer Hiscox has expanded its Hiscox Pro portfolio with new products that offer "tailor made" policy forms for businesses in the security services, associations, staffing services and ...
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 ...
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 ...