Reinsurance
Insurer Acquirers in M&A Deals See Their Stock Price Soar, Eventually
Mergers and acquisitions have consistently lifted the share price of insurers who pursued the practice, though it takes some patience for the phenomenon to happen. Acquirers have outperformed their ...
London Insurers Outline Their Post-Brexit Market Needs Ahead of Negotiations
Companies operating in the London insurance market are zeroing in on four priorities for the upcoming Brexit negotiations. The objectives outline arrangements that will help the City of London ...
Executives On The Move at XL Catlin and Willis Re
XL Catlin promoted a veteran executive to lead its Multinational Casualty Insurance segment. A Willis Re exec has moved up the ranks to become global deputy CEO. *** XL Catlin appointed James Barbuti ...
Sompo Canopius Makes Management Changes as Group CEO Davies Steps Down
Sompo Canopius AG announced that Stuart Davies is stepping down from his role as group CEO and all other related responsibilities, effective immediately. Davies joined Sompo Canopius in 2015 with a ...
U.S. P/C Insurance Industry Net Asbestos Losses Reach $100B Mark and Rising
Net ultimate asbestos losses for the U.S. property/casualty industry have risen once again. They're now at $100 billion, and that's $15 billion higher than the previous estimate. according to a new ...
Verisk Acquires Data/Analytics Firm MarketStance for Undisclosed Price
Verisk Analytics disclosed it has snatched up MarketStance, a well-regarded firm that provides property/casualty insurance companies, brokers and agents market intelligence data and analytics. ...
Small Business Cyber Risk Awareness Rises: Zurich Survey
One way to reduce cyber risks is to boost awareness of them. In that regard, Zurich Insurance Group says, there has been big progress in terms of getting the word out among small and medium-sized ...
AIG’s Schimek Sees Continued Combined Ratio Improvement in 2017
AIG has made good progress toward achieving its strategic goals of creating "a leaner, more focused, highly profitable commercial insurance organization," according to Robert S. Schimek, executive ...