Reinsurance
Chubb CEO Greenberg: New Lloyd’s Leader Neal Has His Work Cut Out for Him
Chubb President and CEO Evan Greenberg offered positive words about new Lloyd's of London CEO John Neal, though he cautioned that the venerable insurance marketplace has a long way to go to address ...
Reinsurance Backed by ‘Alternative’ Capital Is Now Mainstream: Willis Towers Watson
The insurance-linked securities (ILS) market is here to stay, said a new survey from Willis Towers Watson. End investors, ILS funds, and buyers – the three groups active in ILS – have ...
Berkley’s Q3 Net Income Came in Flat; Premiums, Investment Income Grew
W.R. Berkley Corp.'s third quarter featured flat net income but also higher premiums and soaring investment income. The Connecticut-based insurer and reinsurer said it generated $162 million in net ...
Aspen Contacted More Than Two Dozen Potential Buyers, Filing Says
Although Aspen Insurance Holdings, through its representatives, reached out to 26 potential parties to find a buyer for the company, 17 said they weren't interested right off the bat, according to ...
Owners of Singapore Reinsurer ACR Capital Holdings May Revive Sale Efforts
ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a deal with Chinese buyers fell apart, people familiar with the matter said. ...
The Latest Launches From AIR Worldwide and London Market Group
AIR Worldwide said it has come up with a new cyber risk model that can account for specific incidents for global insurance portfolios. The London Market Group (LMG) will work with Sequel to develop a ...
UK PM May Urges Lawmaker Backing as Brexit Talks Reach Final Stages
Prime Minister Theresa May urged restive lawmakers to back her in the final stages of Britain's exit from the European Union, saying talks were in their most difficult phase even if a deal was close. ...
Swiss Re, Cerberus, Among Parties Exploring Anbang Insurance Investment
China's attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. ...
Executives On The Move at Axis Capital Holdings and Everest Insurance
AXIS Capital Holdings brought on an Allied World veteran to fill a new executive position. Everest Insurance has given one of its longtime executives additional responsibilities.