Reinsurance
PartnerRe, AXIS Improve Merger Terms in Advance of Shareholder Vote
PartnerRe and AXIS Capital Holdings Ltd. have released sweetened terms of their merger deal intended to entice shareholders in advance of their Aug. 7 vote on the matter. The package includes an ...
Boeing, Airbus Assessing Impact of Blast at U.S. Zodiac Aerospace Plant
A powerful blast at a Zodiac Aerospace factory in Washington state made some portions of the building unsafe to enter, raising concerns that the assembly of Boeing and Airbus aircraft could be ...
Allianz Exec Views Hedge Funds as Insurance Industry Asset
Chris Fischer Hirs, the head of Allianz SE's specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. "Hedge ...
Q2 Cat Bond Issuance Robust, But Below Record 2014 Levels: Aon Benfield
Catastrophe bond issuance came in at a healthy clip during the 2015 second quarter, but the half-year total dipped considerably from the same, record-breaking period in 2014, Aon Benfield found in ...
Swiss Re: Food Contamination Liability Costs are Surging
Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging, Swiss Re found in a new report. Among the findings: the number ...
Why Pacific Typhoons and Other Tropical Storms Are Surging
The Pacific Ocean, named for placidity, is roaring. In the past week, eight tropical systems -- and that includes two major typhoons -- have formed across the Pacific from China to Mexico. On top of ...
Iran Accord Would End Sanctions on Reinsurance and Other Industries
Iran and world powers reached a historic accord designed to prevent the Islamic Republic from developing nuclear weapons in return for ending sanctions that have crippled the nation's economy and ...
Everest Re Brings on Swiss Re Exec to Help Build U.S. Business
Everest Re Group Ltd. hired Dane Lopes as head of sales and distribution for U.S.insurance operations as disruption in the industry pushes established firms to solidify relationships with clients and ...