Markets
Aon CATstream Expedites Cat Bond Coverage for Cedents
Aon Benfield Securities, the investment banking division of Aon Benfield, announced Wednesday that it has launched a new client facility that offers cedents faster and more efficient access to ...
Marsh to Acquire Majority Stake in Panama-Based Broker Semusa
Marsh has reached a definitive agreement to acquire a majority stake in Semusa, a leading insurance broker and advisor in Panama and Marsh's long-standing local correspondent broker, the company ...
CNA Central Offers Enhanced Online Endorsement Capability
CNA has announced a new automation upgrade to help agents process endorsements more efficiently. The online endorsement capability gives agents the ability to create "what-if" scenarios by generating ...
AIG Launches Global Commercial Property Cover for Midsize Businesses
American International Group on Wednesday announced the launch of a new line of multinational commercial property products and services for midsize businesses confronting global risk exposures, ...
Allianz, Munich Re’s Ergo Unit Rumored in Talks for Greek Insurer
Allianz SE, Europe's largest insurer, and Munich Re's primary insurance unit Ergo Versicherungsgruppe AG are in talks to buy Agrotiki Insurance from Greece's Piraeus Bank SA, said three people ...
Endurance Reacts to Latest Rejection from Aspen
Characterizing details of an announcement by the board of Aspen Insurance Holdings rejecting another cash-stock offer from Endurance as "combative," Endurance offered its own view of what it termed ...
Ironshore Files IPO
Ironshore Inc., the insurer led by executives who left American International Group Inc. in the financial crisis, filed for a $100 million initial public offering so that its backers can reduce their ...
Donan Launches DamageRecon for Hail Events
Donan, a forensic investigation firm, has expanded its service offerings to include severe weather data analytics with DamageRecon, a Web-based product that enables users to understand what really ...