Reinsurance
Munich Re, Hartford Steam Boiler and CNA Launch New Products
There's a new app out from Munich Re's U.S. arm that helps homeowners make their home more resilient to severe weather events. The reinsurer's Hartford Steam Boiler recently launched personal lines ...
Executives On The Move at XL Catlin, Starr Companies, JLT Re and More
XL Catlin tapped a former AIG executive to lead its new division focused on global mergers and acquisitions. Starr Companies hired a new person to lead its Financial Lines arm. JLT Re named a Guy ...
China’s Fosun Pledges Ironshore Will Hit IPO ASAP This Year
Fosun Group, China's biggest private conglomerate, will list U.S. property/casualty insurer Ironshore Inc "as soon as possible" this year, Guo Guangchang, the company's billionaire co-founder and ...
PCI Urges Consideration of Firefighting Funding Reform Bill
The Property Casualty Insurers Association of America is throwing its support behind a bill first proposed in 2015 that would make supplemental federal funding to fight wildfires a more flexible and ...
Brexit Vote Fallout Will Not Be Solved Quickly
To leave, or not to leave: That is the question. Still. After Britain's historic vote to leave the European Union, there is no indication that a so-called Brexit will happen soon. It maybe never ...
U.S. Brewer Yuengling Paying $10M to Settle Water Pollution Case
D.G. Yuengling and Son Inc, the oldest U.S. brewing company, will pay close to $10 million to settle charges it violated the federal Clean Water Act through the excessive discharge of pollutants by ...
TransCanada Files $15B NAFTA Claim on Obama Keystone XL Rejection
TransCanada Corp. is seeking to recoup $15 billion for the Obama administration's rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals ...
Insurers’ Earnings Take Hit From French & German Floods: A.M. Best
The earnings of French and German insurers during the first half of 2016 will be dampened by flood claims following storms Elvira and Friederike, which pounded the countries in quick succession ...