Reinsurance
A Closer Look at AIG’s Rumored Future Leader
Peter Zaffino sat at 2 World Trade Center poring over financial reports on the morning of Sept. 11, 2001, when the first plane struck a neighboring building. Zaffino, known by colleagues for his ...
Everest Re Improves Results With Premium Hikes and Investment Income
Everest Re Group reported a successful 2019 fourth quarter and year, driven largely by gains in insurance premiums and investment income. The Bermuda-based insurer and reinsurer reported $217.6 ...
Global Natural Disasters Caused Economic Damages Surpassing $3B in January: Aon
U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in economic damages during January, according to Aon's Global ...
Climate Change Makes ‘Atmospheric Rivers’ Drench the U.S.
Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars in flood damage across the western U.S. Atmospheric rivers are narrow ...
Leaders Can Accomplish More by Doing Less
It seems contradictory, but leaders can actually get more done by doing less. That's a central argument in a recent posting at the Let's Grow Leaders blog. That decision to do less is part of a ...
French Insurer Covea Reportedly in Talks to Buy PartnerRe for $9B
French insurer Covea is in advanced talks with the Agnelli family's Exor NV to buy the Italian company's reinsurance business PartnerRe for about $9 billion in cash, according to people familiar with ...
Argo Will Sell Trident Public Risk Solutions Biz to Paragon MGA
Bermuda-based global specialty lines underwriter Argo Group International Holdings has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. ...
A New Risk for Muni-Bond Insurers: Ransomware Attacks on Healthcare Providers
Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital's ...