Everest Re Preps Close On Its 1st Catastrophe Bonds

In spite of a challenging market, Everest Re Group Ltd. demonstrated resiliency and a willingness to adapt, recording increased premiums in the first-quarter of 2014. The Bermuda holding company also ...

Allied World Reports Record Underwriting Income

Allied World Assurance Co. Holdings reported an 11.4 percent jump in net income during the 2014 first quarter, as the overall combined ratio for the company fell just below 80. Scott Carmilani, ...

XL Group Opening Re Office in Dubai

XL Group's reinsurance segment is setting up new operations in Dubai, UAE, to serve the MENA market, XL announced Wednesday. The Dubai operation will serve as a regional hub. XL also announced the ...

Hacking Threat Is Real For Global Shipping Fleet

The next hacker playground: the open seas—and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up ...