Reinsurance
$1.2 Billion: Insured Loss Estimate Thus Far From Dallas Tornadoes
Texas is dealing with approximately $1.2 billion in insured losses so far from 9 confirmed tornadoes that struck the metro-Dallas area on Dec. 26 and killed 11 people, according to preliminary ...
Cargill Will Sell Its Crop Insurance Unit
Cargill Inc. agreed to sell its crop insurance unit, the latest move by the giant U.S. agricultural commodity trader and producer to reshape its business amid low crop prices. The insurance operation ...
Mississippi River Floods Disrupt Shipping
Floods after heavy rain shut 5 miles of the Mississippi River, the biggest U.S. inland shipping channel, and waters were forecast to climb to record levels in parts of Missouri and Illinois later ...
Zurich Insurance and the Other Top News Stories of 2015
What's ailing Zurich Insurance? That question was the focus of Carrier Management's top news story in 2015, a piece that drew enormous reader interest. Switzerland's largest insurer faced plenty of ...
Ex-State Auto CEO Moone Passes Away on Christmas Day
State Auto Financial Corp. disclosed the Christmas passing of Robert Moone, a former chairman, president and CEO of the property/casualty insurance holding company. Moone died at age 72, State Auto ...
U.K. Storm Claim Tally Could Hit $2.2B: KPMG Estimate
U.K. insurers may face claims totaling as much as 1.5 billion pounds ($2.2 billion) from businesses and homeowners for damage caused by two storms this month, according to consultant KPMG LLP. Heavy ...
ACE Outlines Post-Chubb-Merger Asia Pacific Exec Roster
ACE Group, in the final throes of a $28 billion merger deal with Chubb, has fleshed out the leadership team for its Asia Pacific commercial property/casualty arm. The new team will report, as ...
Carrier Management’s Top 10 Features of 2015
In 2015, Carrier Management readers learned more about market trends, how to run their companies better and the tools they need to be better leaders. There were other features that also drew their ...