Specialty
Political Connections Ease the M&A Process
Firms that maintain political connections have an easier path through the merger process. In a study that is the first to examine the issue, we compare the differences in merger behavior and outcomes ...
Executives On The Move at Everest Re, AXIS, RLI and Assurant
A former AIG executive joined Everest Re Group's board of directors. Another AIG veteran took on an executive role at AXIS Insurance. RLI announced a promotion. Assurant hired on a new executive to ...
Colin Moves to East Coast as Pacific Tropical Storm Depression Gains Strength
Tropical Storm Colin moved out to sea early Tuesday after knocking out power to thousands, prompting Florida Governor Rick Scott to declare a state of emergency. The threat of a storm surge flooding ...
$1.1B in German Flood Claims is Double Initial Estimates: Fitch
Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry squeezed by low interest rates and decreasing prices for ...
Tropical Storm Colin Hits Florida, Threatens Flooding Across U.S. Southeast
Tropical Storm Colin was moving across northern Florida early Tuesday as it knocked out power to thousands, prompted Governor Rick Scott to declare a state of emergency and threatened flooding across ...
XL Catlin Relies on AIG Vet to Lead New Global Structured Risk Team
A former AIG executive who joined XL Catlin a year ago will lead the insurer's new team focused on global alternative risk transfer and novel kinds of commercial insurance coverage. Rob Turner, ...
Ironshore to Offer Political Risk Coverage for Film Producers
Ironshore International has created a new specialty product targeting film producers on location in volatile parts of the world. The Bermuda-based specialty insurer's new Political Risk product ...
AIG Exec’s 62 Years at the Global Insurer Not Likely in the Future
A veteran AIG employee retired recently, after a stunning 62 years with the insurance giant. But as the Wall Street Journal points out in its coverage of this milestone, spending your entire career ...