Reinsurance
Who Will Allianz Acquire Next? There Are Plenty of Potential M&A Targets
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe's largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential ...
Chubb Promotes Furby, O’Donnell to Lead European Operations
Chubb is putting in place new leadership for its European operations after the retirement of a key executive. David Furby will be senior vice president, Chubb Group and regional president, European ...
Arch Capital Turns to Dublin for Post-Brexit EU HQ
Arch Capital Group Ltd. has picked Dublin for its post-Brexit European Union headquarters. The Bermuda-based specialty insurer and reinsurer said the new offices will help ensure continuity with its ...
Mexico Is Watching Out for Hurricane Bud
Parts of Mexico's Pacific coast, including the port city of Manzanillo, have been placed under a tropical storm watch with the eastern edge of Hurricane Bud potentially scraping the shoreline as it ...
Even With Few May Tornadoes, U.S. Storms Still Packed a Punch: Impact Forecasting
Fewer than 450 tornadoes were reported in the U.S. this year as of June 1 — an historic low going back to 1950 — but a handful of severe weather outbreaks still caused problems in May, according ...
Ryan Specialty Group Launches Reinsurance MGU RyanRe
Ryan Specialty Group LLC is expanding its managing underwriting strategy with the launch of reinsurance managing general underwriter RyanRe Underwriting Managers, or RyanRe. Working through ...
10 Ways Insurers Make Significant Economic and Social Impacts: I.I.I.
Insurers, more than just protecting against financial loss, are key ingredients for economic growth and community preservation, the Insurance Information Institute argues in a new white paper. ...
AXA’s Planned XL Group Acquisition Gains XL Shareholder Approval
Insurer XL Group's shareholders have approved an agreement for AXA to acquire 100 percent of XL Group. Total consideration for the planned acquisition would amount to approximately $15.3 billion, to ...