Reinsurance
India’s Nuclear Power Plant Construction Plans Stirs Accident Liability Debate
It's a $182 billion question for India with no easy answer. That's the estimated amount the country plans to spend on nuclear power plants to meet Prime Minister Narendra Modi's pledge to provide ...
XL Group Expands in Texas
XL Group, a global insurance and reinsurance company, is expanding its operations in Texas. Specifically, the company said it is boosting global risk management, construction specialty and inland ...
Berkshire Hathaway’s Gen Re Advances Two Execs; Tooker Resigns
General Re Corp., one of the reinsurance units at Warren Buffett's BerkshireHathaway Inc., named Robert M. Jones and Carole M. Ferrero to lead direct sales of property- casualty coverage. Jones will ...
Loeb’s Third Point Re Picks U.S. Location, Discloses Offering Plans
Third Point Reinsurance Ltd., the Bermuda- based company co-founded by hedge-fund manager Dan Loeb, has picked Short Hills, New Jersey, as the location for a new U.S. subsidiary. Shane Haverstick, ...
Willis Group Reorganizes and Promotes a Key Executive
Willis Group Holdings plc has officially reorganized from three operating segments into four, and promoted a key executive as part of the changes. The global insurance/reinsurance broker and risk ...
Hamilton Insurance Brings in Torus Vet To Develop Lloyd’s Business
Hamilton Insurance Group is bringing in the former head of Torus Insurance Holdings Ltd.'s international operations to lead development of its Lloyd's business, which will also be renamed. Dermot ...
QBE Gains Ratings Upgrade From A.M. Best as Revamp Continues
QBE Insurance Group got a ratings upgrade from A.M. Best for operating subsidiaries in the United Kingdom, Australia and North America, reflecting a positive response to the company's ongoing revamp. ...
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...