Markets
Aon Announces Leadership Appointments at Benfield, ARS
Aon plc today announced the appointment of Eric Andersen as CEO of Aon Benfield, the firm's reinsurance business, and Mike O'Connor as CEO of Aon Risk Solutions (ARS), the firm's risk management ...
TigerRisk Names Bartell to Head Its UK Retro Desk
TigerRisk Partners, the reinsurance broking and risk/capital management firm, today announced that Martin Bartell has been named head of its UK-based retrocessional and specialty reinsurance ...
Goldman, Regulator See Demand for Canada’s Insurers to Sell Cat Bonds
Canada's banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters such as the record floods that inundated swathes of downtown Calgary in ...
Berkshire Hathaway Keeps Minting Billionaires, Philanthropists
Stewart Horejsi's business was in a funk. It was 1980, and Brown Welding Supply LLC, his family's third-generation distributor of hydrogen and oxygen tanks, was battling competitors that were intent ...
JLT to Acquire Towers Watson’s Reinsurance Brokerage Business
Jardine Lloyd Thompson Group plc (JLT), one of the world's largest suppliers of insurance and employee benefits related advice, brokerage and services, will acquire the reinsurance brokerage business ...
Terror Risk Bond Market Unlikely, Says Swiss Re Americas CEO
Testifying before the House Committee on Financial Services on the future of the federal terrorism backstop Thursday, a reinsurance executive said the capital markets will not solve terrorism ...
Germany’s Ergo Expects Asia, Eastern Europe Premium Growth
Munich Re's insurance unit, Ergo Versicherungsgruppe, plans to increase international premiums by more than a fifth over the next five years on sales in Asia and eastern Europe. "We aim to increase ...