Reinsurance
$28B ACE/Chubb Merger Up for Oct. 22 Shareholder Vote
ACE CEO Evan Greenberg said progress on the planned $28 billion merger between his company and Chubb continues apace, with shareholders from both sides set to cast their vote on Oct. 22. "We are on ...
U.S. Senate Begins Debate Over Controversial Cyber Security Bill
The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without concern ...
Willis Re Aims to Fill Catastrophe Model Gaps
Willis Re, the reinsurance division of Willis Group Holdings plc, is aiming to enhance its clients' understanding of catastrophe risk with its own views of both modeled and unmodeled risks, the ...
U.S. Security Firm Accuses China of Hacking Even After Cyber Pact
Hackers associated with the Chinese government have tried to penetrate at least seven U.S. companies in the three weeks since Washington and Beijing agreed not to spy on each other for commercial ...
Lloyd’s CEO Beale, 5 Others in Insurance Named LGBT Role Models
AIG, Zurich Leaders Also Made Annual OUTstanding List Lloyd's of London CEO Inga Beale tops a list of lesbian, gay, bisexual and transgender (LGBT) executive role models compiled by a London-based ...
The Next Frontier of Alternative Capital
The alternative reinsurance market is on steroids, bulking up to represent an estimated 12 percent of the global reinsurance market, according to estimates from Aon Benfield. This may seem like a ...
Reinsurance Executives Weigh In on Alternative Capital
Q: Alternative reinsurance capital.There has been speculation over the past few years that alternative capital providers will move into areas beyond property-catastrophe reinsurance—down from ...
Executives On The Move at Swiss Re, Willis and Beazley
We have new appointments and promotions to tell you about at Swiss Re, Willis Group and Beazley: *** Swiss Re promoted from within to fill a new executive position responsible for reinsurance in ...