Reinsurance
RMS Rolls Out Updated North America Earthquake Models
RMS has released a new version of its North American Earthquake Models for the United States, Canada and Mexico. The updated version 17.0 model will enable RMS clients to manage their risk ...
French Blockchain Startup Stratumn Raises $7.9M
U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup ...
AmTrust to Sell National General Shares for $211.7 Million
AmTrust Financial Services agreed to sell more than 10 million shares it owns in National General Holdings Corp for $211.7 million, a move the specialty property/casualty insurance holding company ...
Brexit Process Uncertain in Wake of May’s Failed Election Gambit
Theresa May was battling for survival as Britain's prime minister after her gamble to call an early election backfired spectacularly, casting doubt over the government's make-up as well as the ...
Executives On The Move at XL Catlin, Ironshore and Willis Towers Watson
XL Catlin promoted an executive to lead its international environmental arm. Ironshore hired a new executive in Australia. Willis Towers Watson appointed an executive to guide its global risk ...
El Nino’s Odds Keep Dropping; Active Atlantic Hurricane Season Now More Likely
Forecasters again lowered the odds of El Nino forming by year's end, a scenario that may mean more Atlantic hurricanes at a time when federal agencies charged with predicting and responding to ...
CNA UK Specialty Division Will Establish Post-Brexit Subsidiary in Luxembourg
CNA Hardy said it will launch a European subsidiary in Luxembourg beyond its London headquarters, a move intended to continue open access to the EU market in the wake of last year's Brexit vote in ...
S&P Bumps AIG’s Rating Outlook Down to Negative, Despite New Leadership
American International Group made a big move recently in hiring Brian Duperreault to lead the struggling insurance giant, but Standard & Poor's was not impressed. The ratings agency revised its ...