Reinsurance
Blue Capital Re Files for Proposed IPO
Montpelier Re Holdings Ltd. and its wholly owned subsidiary Blue Capital Reinsurance Holdings Ltd. announced Monday that Blue Capital Reinsurance has filed for an initial public offering of the ...Gulf Workers Return to Offshore Platforms as Karen Weakens
BP Plc, Enbridge Inc. and other companies returned workers to production platforms Sunday after Tropical Storm Karen was downgraded to a depression and passed by offshore assets on its way toward the ...
Verisk Analytics Forms Verisk Climate Division
Verisk Analytics announced last week that the firm has formed Verisk Climate, a division to respond to customers' needs for new solutions to manage enterprise climate and environmental risks. Verisk ...
Islamic Reinsurance Market Could Grow to $20B: Dubai Official
Dubai unveiled plans on Saturday to become a center for business that follows Islamic principles in areas from banking and insurance to food processing, tourism and education. With a freewheeling ...
U.K. Regulators Watching Impact of Capital Influx on Insurers
British regulators are scrutinizing the impact of the wave of capital from investors such as hedge and pension funds on the insurance industry. "The availability of this additional capital inevitably ...Guy Carpenter Targets E&S Carriers with Specialty Practice
Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the launch of its new Excess & Surplus Lines Specialty Practice. ...
Moving Beyond Golf Balls and Diapers in Cleaning Up Energy Disasters
Diaper liner, sawdust, golf balls and shredded tires -- these are some of the items used to try and contain the oil and nuclear disasters that marked the end of this century's first decade and the ...
Insurers Face $4.7B Bill for Summer Hail Storms in France, Germany
Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France were repeatedly pounded by grapefruit-sized hail stones over ...