Markets
Fed Chair Yellen Worried About Stretched U.S. Equity Valuations
The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged ...
AIR Worldwide Ups Cat Modeling Competition With Touchstone 2.0
Eighteen months after AIR Worldwide launched its Touchstone catastrophe modeling platform, the Boston company is rolling out version 2.0. Touchstone 2.0 includes a number of tweaks and advances to ...
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
How Big is the Shale Boom? Estimates Confound Forecasters
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, most analysts agree. When that happens and by how much, ...
Greek Investors Sue Cyprus Over Its Solution to 2013 Financial Crisis
Cyprus faces a lawsuit from close to 100 Greek investors who accuse the country of costing both depositors and bondholders of two banks millions of dollars in the wake of its financial crisis and ...
Deadline Approaches for Aspen Shareholders on Endurance Proposals
With the target date for a vote on two governance proposals from Endurance Specialty Holdings approaching later this month, the ball is in the court of the shareholders of Aspen Insurance Holdings. ...
Uber, Lyft, Sidecar Toe-to-Toe With Insurers: State-by-State Analysis
The highly thought-of share-and-share-alike attitude considered a virtue by some has become fighting words between ridesharing companies and the insurance industry. "We try not to make it a battle," ...
Andrew Carrier Jumps from Argo to Everest Re
Bermuda holding company Everest Re Group Ltd. is bringing on Andrew Carrier as the new president of Everest Advisors, U.K. and general manager of European Operations. Carrier was most recently chief ...