Reinsurance
Greenberg Argument: U.S. Bailout of AIG Extorted Shareholders
The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice "Hank" Greenberg ...
Report: PC Industry Increasingly Embraces Big Data Analytics
North American property/casualty insurers have moved well beyond cautious dabbling into projects involving big data analytics. At the same time, they must find more employees with advanced degrees in ...
Death Toll in Japan Volcano Rises to 36
At least 36 people are believed to have died from this weekend's eruption at Mt. Ontake in central Japan, as dangerous gases emitting from the country's second-highest volcano hampered efforts to ...
Death Toll Possibly Over 30 in Japan Volcano Eruption
More than 30 people may be dead in a volcanic eruption in central Japan, the nation's second natural disaster in the past month. Smoke and ash billowed from Mt. Ontake throughout the day yesterday as ...
Africa to Issue Climate Change Bonds in 2016; Structure Similar to Cat Bonds
Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa— unique instruments that will enable the world's poorest continent to tap ...
SCIF Cat Bond Priced 40% Lower Than 2011: Willis Capital Markets
On Friday, Willis Capital Markets & Advisory said it placed a $250 million catastrophe bond transaction for, California's largest provider of workers' compensation insurance. Golden State Re II ...
Duperreault, Reardon Lead Hamilton Re Into the ‘Data Analytics’ Future
If you're going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you're doing. Fortunately, Bermuda-based Hamilton Re would seem to pass ...
P/C Mutuals Worry Over Technology, Regulation and Capital: Conning
Property/casualty mutual insurance companies, facing stiff competition from their stock insurer rivals, are wary about the onslaught of technology, regulation and new sources of capital, Conning, ...