Reinsurance
Wildfires Force Evacuations in West Coast States
Wildfires burning through dry terrain in West Coast states have forced scores of evacuations as fire teams worked to corral the blazes. Lightning sparked dozens of fires in Northern California, ...
Death Toll in China Quake Near 400
Torrential rains slowed rescue efforts after a magnitude-6.5 earthquake killed at least 398 people in southwest China, as Premier Li Keqiang flew to the region to oversee the response to the ...
Minova/BMS Rolls Out New Broker-Dealer
BMS Group, an independent reinsurance intermediary, is rolling out a broker-dealer division that will help, in part, to facilitate mergers and acquisitions and buttress its reinsurance business. ...
Investors Believe Allianz Will Keep Old Leadership
Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or ...
SCOR Scores in the First Half of 2014
SCOR, the French reinsurance giant, said it produced healthy results in the 2014 second quarter and the first half of the year, driven, in part, by a lower level of natural catastrophes than ...
AXIS Builds Momentum With Broad Growth
AXIS Capital Holdings gave investors some cause for celebration with its midyear results. The Bermuda specialty insurer and reinsurer reported growth for its 2014 second quarter in nearly every ...
Soft Market Strategies: Is It Time for Reinsurers to Shrink Intentionally?
Anybody keeping even a vague eye on the reinsurance media and the commentary coming out of the brokers will be aware of one thing: Reinsurance pricing seems to be going through the floor. The ...
Endurance Gives Up on Bid to Buy Aspen
After three months of trying, Bermuda reinsurance company Endurance Specialty Holdings Ltd. has given up trying to acquire archrival Aspen Insurance Holdings Ltd. The final blow apparently happened ...