Markets
Reinsurance Brokers Holborn, Lehrke Merge
Reinsurance brokers Holborn Corp. of New York and W.J. Lehrke Co. of Edina, Minnesota, have agreed to merge. Details were not disclosed. The combined firm will operate under the Holborn name and all ...
RMS(one) Explained
When RMS developed its recently unveiled software platform RMS(one), the catastrophe modeling firm had a wide range of potential users in mind—many of whom are not accustomed to tinkering around ...
SEC Officials Frustrated with Slow Pace of Dodd-Frank Rules
Top U.S. Securities and Exchange Commission officials are frustrated over lack of progress in finalizing rules for credit rating agencies and asset-backed securities (ABS), seen by regulators as ...
Study Raises New Concern About Earthquakes’ Links To Fracking Fluids
Powerful earthquakes thousands of miles away can trigger swarms of minor quakes near wastewater-injection wells like those used in oil and gas recovery, scientists reported on Thursday, sometimes ...
U.S. Energy Sector At Risk From Climate Change: DOE Report
Rising temperatures and sea levels will profoundly impact the U.S. energy sector in coming years, the U.S. Department of Energy said in a report released on Thursday that outlined the need to ...
U.S., China Agree to Restart Investment Treaty Talks
The United States and China agreed on Thursday to restart stalled negotiations on an investment treaty, with Beijing dropping previous efforts to protect certain sectors of its economy from the ...
Swiss Re In Talks On Merging Admin Re With Phoenix
Swiss Re Ltd., the world's second- biggest reinsurer, said it's in preliminary talks about combining its Admin Re business with Phoenix Group Holdings. "There is no certainty that these discussions ...
Senate Bill Would Again Separate Banking from Insurance, Other Financial Services
A small bipartisan group of U.S. senators on Thursday introduced legislation that would break up Wall Street's megabanks by separating traditional banking activity from riskier financial services. ...