Reinsurance
U.S. Regulators Advocate Oil Train Risk Reduction Measures
Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.S. ...
It’s an Insurance Buyer’s Market For Now: Willis
Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the ...
EXOR Avoids Hedge Fund Approach in $6.4B PartnerRe Bid
The Agnelli family's EXOR SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover. EXOR ...
TigerRisk Brings on Willis Vet Ursano as New President
TigerRisk Partners is bringing on a veteran Willis cat bond executive as its new president. The Connecticut-based reinsurance broking and risk/capital management firm said it has appointed Tony ...
Ironshore Boosts Global Property Energy Capacity As Sector Competition Soars
Ironshore's global property energy division boosted its capacity limits from $25 million to up to $35 million, even as the sector faces increasing competition in the face of plunging oil prices. ...
SCOR, Chubb, Help Drive Q1 Cat Bonds Issued to Record Levels: Aon Benfield
Catastrophe bond limit secured in the 2015 first quarter came in at $1.7 billion, the most of any Q1 yet recorded, Aon Benfield said in its latest status report on insurance-linked securities. Aon ...
Ex-Goldman Dealmaker Becomes Willis Co-CEO of Banking
Willis Group Holdings Plc named Rafal Walkiewicz and Michael Guo co-chief executive officers of the investment-banking operation as the insurance broker seeks business arranging deals and betting on ...
AIG Buys Piece of Cyber Risk-Reduction Firm
American International Group has invested in a global investigative consultancy in a bid to deepen its ability to help clients combat cyber risks. Financial details aren't being disclosed. But AIG is ...