Reinsurance

Catlin CEO Wins Insurance Hall of Fame Award

Stephen Catlin, Chief Executive of Catlin Group Limited, will be the 2015 Insurance Hall of Fame Award recipient, the International Insurance Society ('IIS') has announced. The Insurance Hall of Fame ...

XL Group CEO Confirms M&A Talks with Rival Catlin

XL Group plc has confirmed that it is in preliminary discussions focused on potentially acquiring rival Catlin. If an M&A agreement comes together, it would be a major consolidation move in the ...

TRIA Renewal Efforts Appear Dead for 2014

A U.S. program that backstops insurance companies' losses from acts of terrorism is set to end after the Senate didn't extend it. Efforts to reauthorize the Terrorism Risk Insurance Act for six years ...

Marsh’s Top 10 U.S. Casualty Trends for 2015

Marsh's U.S. Casualty Practice sees a number of new insurance trends shaping the market in 2015, including a softening market, new capacity, and the greater use of data to enhance underwriting. Marsh ...

Spencer Re Hires Zurich Insurance Vet as New Leader

Spencer Re, a reinsurance firm focused on products predictable in nature, has brought on a veteran Zurich Insurance Group executive as its new CEO. Tina Youngblood Mallie, also vice chair of Spencer ...

Lobbying Onslaught Counters TRIA Renewal Stumble

It is in the Senate's hands to extend the Terrorism Risk Insurance Act, or TRIA, a law that establishes federal reinsurance in case of a terrorist attack, but legislative disputes threaten to prevent ...

China Insurance Broker Expands Employee Share Issue

China-based insurance broker CNinsure Inc. said it is boosting a new share issue to employees. The independent insurance intermediary company said it is expanding the issue from up to 100 million to ...