Reinsurance
AXIS and EXOR Escalate Their Fight For PartnerRe
Plans for AXIS Capital Holdings Ltd. and PartnerRe to merge are getting even more complicated, as they affirm their plans to combine and a rival bidder shows no sign of giving up. Both companies ...
UPDATED: China’s Fosun International to Combine With Ironshore in $1.84B Merger
Fosun International Ltd., the investment arm of China's biggest closely held conglomerate, is planning a $1.84 billion merger with Ironshore Inc. after buying the shares it doesn't already own in the ...
With Merger Complete, XL Catlin Debuts
XL Group Plc.'s approximately $4 billion deal to buy Catlin Group Ltd. closed on May 1. Beginning Monday, May 4, the global insurer and reinsurer debuts a new name: XL Catlin. "After nearly two years ...
XL CEO: Illiquid Securities and Infrastructure Will Boost Portfolio Yields
XL Group Plc Chief Executive Officer Mike McGavick said the insurer is looking to illiquid securities and infrastructure investments to boost portfolio yields squeezed by interest rates that are near ...
PCI, NAMIC, AIA Urge Congress to Protect State-Based Insurance Regulatory Process
The Property Casualty Insurers Association, the National Association of Mutual Insurance Companies and the American Insurance Association are calling for Congress to ensure state-based insurance ...
Swiss Re Rallies in Q1 With ‘Acceptable’ Rate of Policy Renewals
Swiss Re, the world's second-largest reinsurer, beat forecasts with a 17 percent rise in first-quarter net profit on Thursday, boosted by strong investment returns, and said it was able to renew ...
Swiss Re CFO: Regulators Should Keep Cat Bonds From Risky Repackaging
Swiss Re AG, Europe's second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. "It's important for traditional players like us and ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...