Markets
Air Crashes Set Year on Course to Be Deadliest Since 2005
Three fatal airline crashes in a week mean 2014 is shaping up to become the worst year in almost a decade for passenger fatalities. The crash of a McDonnell Douglas MD-83 aircraft on the fringes of ...
Aon Reports 2Q Reinsurance Sales Drop; Shares Decline
Shares of Aon Plc, the world's second-largest insurance broker by market value, fell the most since 2012 on Friday after revenue missed estimates as reinsurance sales declined. Aon slipped $4.65, or ...
Bad Weather Likely Cause of Air Algerie Crash: French Officials
Poor weather was the most likely cause of the crash of an Air Algerie flight over the West African state of Mali with 116 people on board, French officials said on Friday. Investigators at the scene ...
PURE Introduces Self-Serve Member Portal
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that caters exclusively to high-net-worth individuals and families, announced the release of the ...
Validus CEO: Malaysia Crash Will ‘Have Implications’ For Aviation, War Markets
Validus Holdings Ltd. Chairman and CEO Ed Noonan said that the crash of Malaysia Airlines Flight 17 after a missile shot it down over the Ukraine earlier this month will likely "have implications" ...
Singapore Regulators Urge Airlines to Reconsider Conflict Zone Risks
Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over ...
Analyst: Reinsurance M&A Winds Are Increasing
Shareholders from Aspen Insurance Holdings have a July 25 deadline to vote on a number of governance proposals that could boost Endurance Specialty Holdings' prospects for acquiring the Bermuda ...
Allied World’s Sales Dip, Stock Drops
Allied World Assurance Co., the seller of aviation and environmental insurance, fell the most since February as second-quarter profit missed analysts' estimates amid a decline in sales. Allied ...